A substantial reduction in the rate of inflation is called:
A. disinflation
B. inflation inertia
C. hyperinflation
D. inflation shock
Answer: A
You might also like to view...
If exchange rates are floating, an expansionary fiscal policy in the United States will cause the dollar to ________ relative to other currencies and cause net capital outflows to ________
A) appreciate; increase B) appreciate; decrease C) depreciate; increase D) depreciate; decrease
Discuss how economists measure the following: (i) aggregate expenditure, (ii) aggregate income, and (iii) aggregate output
What will be an ideal response?
If the market price falls below the average-variable-cost, the firm will suspend production
a. True b. False Indicate whether the statement is true or false
In a competitive market, the actions of any single buyer or seller will
a. discourage entry by competitors. b. influence the profits of other firms in the market. c. have a negligible impact on the market price. d. Both a and b are correct.