______ is a sustained decrease in the general price level in an economy.
举一反三
- As the economy enters a boom we can generally expect that A: inflation will decrease with little change in the unemployment rate B: unemployment will increase and inflation will decrease C: nominal GDP will increase but only because of an increase in the price level D: inflation will increase and the unemployment rate will decrease E: output will increase with little change in unemployment or inflation
- The economy's inflation rate is the（ ）. A: change in the gross domestic product from the previous period. B: percentage change in the price level from the previous period. C: price level in the current period. D: change in the price level from the previous period.
- The price level in the economy is higher than it should be, given the potential growth rate – we get an ‘______ ’.
- There is a situation in the market economy: the government does not<br/>intervene in the economy at all, this kind of economy is called ( ) A: Weak economy. B: Completely free market economy. C: The government does not intervene in the economy. D: Mixed economy.
- Which of the following would increase the price level? A: an increase in taxes. B: an increase in the money supply. C: an increase in the expected price level. D: a decrease in the natural rate of unemployment.