Deflation refers to a situation in which
A) the inflation rate decreases.
B) the average of all prices is falling.
C) there is a recession and inflation.
D) prices are not changing.
B
Economics
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How can the long-run equilibrium level of real Gross Domestic Product (GDP) increase without the price level changing?
What will be an ideal response?
Economics
In general, the lower the exercise price relative to the current spot rate price of the currency, the more valuable
A) the put option. B) the call option. C) the arbitrage operation. D) the triangular arbitrage.
Economics