Explain why deflation tends to reduce demand. Explain the effects of deflation on a weak or recessionary economy
What will be an ideal response?
Consumers wait for prices to fall even more, thus, leading to a decrease in demand. Rather than spurring growth through purchasing and helping lead the economy out of a recession, deflation can exacerbate a recession.
Political Science
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Debate over the Patient Protection and Affordable Care Act of 2010 encompassed
A. interest group politics. B. majoritarian politics. C. client politics. D. entrepreneurial politics. E. All of these are correct.
Political Science
Which of the following factors has led to the concentration of media ownership?
A. hyperpluralism B. selectivity C. exclusivity D. profitability
Political Science