Deflation exists whenever:
a. the overall price level falls
b. the overall price level rises.
c. the economy experiences a contraction.
d. the price of a good decreases.
a
Economics
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One of the most important determinants of accelerated economic growth is: a. relaxed property rights
b. an increase in population. c. a high level of savings. d. an increased rate of consumption.
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Because in oligopoly the actions of one firm have a perceptible effect on the other firms, oligopoly firms act strategically.
Answer the following statement true (T) or false (F)
Economics