A falling price level is called ________ and a fall in the rate of inflation is called ________
A) deflation; disinflation B) disinflation; deflation
C) disinflation; a contraction D) a contraction; disinflation
A
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In the diagram above, which figure(s) show(s) a direct relationship between the variables?
A) both A and C B) only D C) only A D) both B and C E) only B
An advantage of the personal consumption expenditures price index (PCE) over the Consumer Price Index (CPI) as a measure of inflation is that the PCE
A) is a fixed market-basket price index that does not allow the mix of products to change each year. B) includes the prices of consumer services, but not consumer goods. C) includes the prices of more consumer goods and services. D) includes the prices of consumer goods, but not consumer services.
Making international comparisons of purchasing power is:
A. generally a straightforward comparison. B. complicated by trying to define a "typical" consumer. C. only hard when attempting to figure out the true purchasing power of the poor. D. All of these statements are true.
What is a matrix organization?
What will be an ideal response?