When prices are falling, economists say that there is
a. disinflation.
b. deflation.
c. a contraction.
d. an inverted inflation.
b
Economics
You might also like to view...
If the saving rate increases, a country's growth rate of real GDP per hour of labor ________ and capital per hour of labor ________
A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases
Economics
A bank has $100,000 in checkable deposits and $30,000 in reserves. If the required reserve ratio is 10%, what is the amount of excess reserves?
A) $0 B) $10,000 C) $20,000 D) $30,000
Economics