Economic stagnation coupled with high inflation is commonly called:
A. stagflation.
B. inflationary stagnation.
C. stagnatory growth.
D. inflagnation.
Answer: A
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An investor who desired the ability to have quick and easy access to cash would prefer to hold which type of asset?
A) risky B) liquid C) tax free D) any form of bond
If the price of a good increases by 10 percent, its quantity demanded drops by 50 percent. The price elasticity of demand is:
A. 1.0 B. 0.2 C. 5.0 D. 2.0
Suppose a country's net capital outflow does not change, but its investment rises by $250 billion
a. Its saving must have risen by $250 billion so its net exports have risen. b. Its saving must have risen by $250 billion, but its net exports are unchanged. c. Its saving must have fallen by $250 billion, so its net exports have fallen. d. Its saving must have fallen by $250 billion, but its net exports are unchanged.
Based on the graph for saving incentives, a tax law change encouraging saving would shift the ______.
a. loanable funds supply curve to the left
b. loanable funds supply curve to the right
c. loanable funds demand curve to the left
d. loanable funds demand curve to the right