When the price level of an economy is ________, ________ is occurring. Conversely, when the price level is ________, ________ is occurring

A) rising, deflation, falling, inflation
B) rising, inflation, falling, deflation
C) falling, inflation, rising, deflation
D) falling, deflation, rising, deflation


Answer: B

Business

You might also like to view...

Type: MC 12 47. Blogfix has a strict policy regarding tardiness and disciplines those who are consistently late for work. Blogfix employees are likely to accept this as fair because the policy applies to all staff at every level. Blogfix is an example of

a. Operational justice b. Distributive justice c. Procedural justice d. Mechanical justice

Business

Gi Gi's Bakery has total assets of $445 million. Its total liabilities are $120 million. Its equity is $325 million. Calculate the debt ratio.

A. 14.0%. B. 27.0%. C. 36.6%. D. 15.6%. E. 36.9%.

Business

Services have six basic characteristics: intangibility, inseparability of production and consumption, perishability, client-based relationships, customer contact, and

A. labor-intensiveness. B. orientation toward value. C. homogeneity. D. heterogeneity. E. specialization.

Business

Relying exclusively on merit pay or individual incentives may result in high levels of work motivation but unacceptable levels of individualistic and competitive behavior.

Answer the following statement true (T) or false (F)

Business