A reduction in the rate of inflation is called:
A. deflation.
B. disinflation.
C. hyperinflation.
D. cost-push inflation.
Answer: B
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Only a small proportion of corporate stock owners have incomes under $100,000
Indicate whether the statement is true or false
Diana tutors Tiago for two hours before his economics final exam. Tiago pays Diana through a direct transfer from his bank on a payment app. Diana then uses her debit card to buy pizza for dinner from the local pizza parlor. This is an example of
a. the exchange of money facilitating production and trade b. trade between two people who each have a good or service that the other wants. c. an inefficient allocation of scarce resources. d. the creation of money through monetary policy.
Exhibit 1A-2 Straight line
In Exhibit 1A-2, explain the slope of straight line CD.
A. As the X value increases by 20, the Y value increases by 5, so the slope is 4. B. As the Y value increases by 5, the X value increases by 20, so the slope is 1/4. C. As the X value increases by 10, the Y value increases by 5, so the slope is 2. D. As the Y value increases by 5, the X value increases by 10, so the slope is 1/2.
In 2016 the largest U.S. cash transfer program was
A. Medicaid. B. Social Security. C. Food stamps. D. TANF.