()occurs whenever the demand for goods and services tends to be greater than the supply.
A: Stimulus
B: Highlight
C: Inflation
D: Fluctuation
A: Stimulus
B: Highlight
C: Inflation
D: Fluctuation
举一反三
- Inflation occurs when: ( ) A: the stock of goods and services increases and the quantity of money in circulation decreases. B: the money supply decreases and the output increases. C: output increases faster than the money supply. D: the quantity of money in circulation rises faster than the stock of goods and services.
- Marshall-Lerner condition is that the payments deficit will be improved as a result of currency depreciation only if_______ 。( ) A: the sum of elasticity of demand for goods import and that for goods export equals one. B: the sum of elasticity of demand for goods import and that for goods export is less than one. C: the sum of elasticity of demand for goods import and that for goods export is larger than one. D: the sum of elasticity of demand for goods import is greater than that for goods export.
- When aggregate demand increases faster than aggregate supply, prices go up. What is this an example of? A: Demand-pull inflation B: Cost-push inflation C: Per-worker productivity D: Deflation
- During a recession, the demand for specialty goods tends to increase.
- A price that is higher than the equilibrium price ( ) A: The producer cannot recover the production cost at this price. B: At this price, the quantity supplied is greater than the quantity<br/>demanded. C: Consumers are willing to purchase all products at this price. D: Demand is greater than supply at this price.