Which of the following is a sustained decrease in the price level?
a. hyperinflation
b. disinflation
c. deflation
d. none of the above are considered a sustained decrease in the price level.
c
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Which of the following is likely to happen if the government of a country lowers import tariffs?
A) The domestic producers will be safe from foreign competition. B) The revenue earned by the government will fall. C) The price of imported goods will rise in the domestic market. D) The volume of the country's imports will fall.
Stock prices start to rise
A) when investors begin to expect an economic recovery will soon begin. B) when the unemployment rate begins to decline following a recession. C) when investors are confident that the economy is more than 6 months into an economic recovery. D) when investors believe an economic recovery has already begun.