During inflationary periods
a. the real value of money rises.
b. the real value of money remains constant.
c. the real value of money falls.
d. the purchasing power of money rises.
c
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International trade decreases the demand for workers in domestic industries that
A) produce goods that are exported from the country. B) produce the goods in which the nation has a comparative advantage. C) help businesses import and export. D) produce goods that also are imported into the country. E) service imported goods.
Unemployment caused by changes in technology is called ________ unemployment
A) structural B) frictional C) techno D) cyclical
The federal government budget deficits of the late 2000s were driven by:
a. foreign trade deficits. b. increases in government spending. c. declines in tax rates and tax revenue. d. excessive money growth. e. both b and c.
Because price and quantity demanded are inversely related,
a. the demand curve is usually upward-sloping b. buyers purchase more of the good as the price rises c. the supply curve must be rising d. price and quantity supplied must be positively related e. the demand curve is usually downward-sloping