On average, the greater the unexpected decline in aggregate demand
A) the weaker is the resulting deflation.
B) the greater is the resulting deflation.
C) the greater is the resulting inflation.
D) the greater is the rise in the price level.
B
Economics
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The gold standard ended with the:
a. rise of Napoleon to power. b. American Declaration of Independence. c. outbreak of World War I. d. first Arab oil embargo. e. presidency of Richard Nixon.
Economics
What do we call financial institutions through which savers can indirectly provide funds to borrowers?
a. stock markets b. financial institutions c. financial markets d. financial intermediaries
Economics