The deflation of the 1930s impacted the U.S. economy because it led some consumers to ________ and because it ________

A) demand higher wages in anticipation of prices eventually rising again; increased manufacturing since firms could afford to hire more labor
B) increase purchases to take advantage of the falling prices; increased the burden on lenders
C) postpone purchases while they waited for prices to fall even lower; increased the burden on borrowers
D) borrow more money since money was now cheap; reduced the amount of money consumers would have to pay back on their outstanding loans


C

Economics

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What are the similarities between an English auction and a Dutch auction?

What will be an ideal response?

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The data below describe the economy of Econland:Business and household saving58Government transfers and interest payments12Government purchases of goods and services25Tax collections42Public saving in Econland equals:

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"Dividing the economic pie more equally may reduce the size of the economic pie." This argument is characterized as:

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Economics