Ask Question
BusinessBusiness
19 September, 12:06

Deflation occurs when

a. there is a decline in the price level.

b. there is a oneminus-time increase in the price level.

c. there is a sustained increase in the price level.

d. there is a decrease in the expected rate of inflation.

+5
Answers (1)
  1. 19 September, 15:25
    0
    Answer: a

    Explanation:

    By definition, deflation occurs when there is a general decline in prices, goods, and services in an economy.

    Deflation is the opposite of inflation.

    Therefore deflation increases the purchasing power of money while inflation decreases it.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Deflation occurs when a. there is a decline in the price level. b. there is a oneminus-time increase in the price level. c. there is a ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
A company has a process that results in 34000 pounds of Product A that can be sold for $8 per pound. An alternative would be to process Product A further at a cost of $227800 and then sell it for $14 per pound.
Answers (1)
asadena Candle Inc. budgeted production of 785,000 candles for January. Each candle requires molding. Assume that six minutes are required to mold each candle. If molding labor costs $18 per hour, determine the direct labor cost budget for January.
Answers (1)
Economic systems that are best for consumers
Answers (1)
Which sentence portrays a CSR initiative? Jenna is a manager in a software firm. She ensures that the company upgrades its technology every year to match to the market standards. The company organizes training programs for its new employees.
Answers (1)
To maintain a good attitude and high self-esteem, evaluate and follow up only after interviews that were positive experiences, True or false
Answers (1)
New Questions in Business
An entity has decided to focus strictly on producing and selling one type of teddy bear. For the upcoming year, the entity hopes to make a 25% profit on sales. Fixed costs are set at $51,000, and variable costs are $9.50 per unit.
Answers (1)
Predetermined overhead rates in traditional costing are often based on
Answers (1)
How many professional teams are there in denver?
Answers (1)
When the Fed decreases the money supply, we expect a. interest rates to fall and stock prices to rise. b. interest rates to rise and stock prices to fall. c. interest rates and stock prices to fall. d. interest rates and stock prices to rise.
Answers (1)
What is twain definition of work and play?
Answers (1)
Home » Business » Deflation occurs when a. there is a decline in the price level. b. there is a oneminus-time increase in the price level. c. there is a sustained increase in the price level. d. there is a decrease in the expected rate of inflation.
Sign Up Forgot Password?