From an accounting point of view, a checking account should be considered part of a bank's

A shortage creates a situation that forces prices to ________ while a surplus creates a situation that forces prices to ________

A) decrease; increase B) decrease; decrease C) increase; decrease D) increase; increase

When the CPI increases from one year to the next:

A. the cost of living has decreased. B. deflation has occurred. C. people need to spend more money to buy the same amount of goods as the previous year. D. All of these statements are true.