Unexpected and large deflation is desirable, according to the Friedman rule

a. True
b. False
Indicate whether the statement is true or false

False

Economics

You might also like to view...

During a recession, tax revenues ________ while government transfer payments ________, thereby mitigating part of the adverse effects of a recession and stabilizing the economy

A) fall; decrease B) fall; increase C) rise; decrease D) rise; increase

Economics

The Smoot-Hawley Act was enacted in

A) 1980. B) 2000. C) 1930. D) 2010.

Economics