A country is said to be experiencing inflation when
A) prices of most goods and services are rising over time.
B) prices of most goods and services are falling over time.
C) total output is rising over time.
D) total output is falling over time.
A
Economics
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If the quantity demanded exceeds the quantity supplied in a market, then the result is which of the following?
a. Deadweight loss b. Inefficiency c. Underproduction d. Each of these are true.
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The Federal Reserve System is an:
Agency ran by popularly-elected officials Agency that is under the direction of the President Agency that is controlled by Congress Independent agency of government
Economics