Dumping refers to
A) exporting products that do not meet domestic safety standards.
B) selling inferior products to unsuspecting consumers.
C) illegally avoiding tariffs by selling products on the black market.
D) selling a product for a price below its cost of production.
D
Economics
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The biggest problem caused by a deflation is that
A) prices fall. B) wages fall. C) interest rates rise. D) people cannot repay their debts.
Economics
The country of Epsilon has continuous strong economic growth and a steady price level. This situation is most likely the result of aggregate demand growing ________ aggregate supply
A) at the same pace as long-run B) slower than long-run C) slower than short-run D) faster than long-run
Economics