During deflation, the:
A) general price level falls.
B) general price level increases.
C) interest rate rises.
D) general price level becomes negative.
Correct Answer:
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A) increase in
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Q206: Unexpected inflation _ lenders and _ borrowers.
A)
Q208: During rapid price inflation, firms must frequently
Q209: Unanticipated inflation:
A) increases the value of money.
B)
Q210: When inflation rises quickly, borrowers will _
Q211: Deflation is a(n):
A) decrease in the purchasing
Q212: Unanticipated inflation does NOT:
A) reduce the value
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