3. Deflation is a _____ in the money supply and/ or in the average price.
举一反三
- 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.
- The<br/>lowest price that ensures a continuous supply of the proper quality<br/>where and when needed and allows the supplier to make a reasonable<br/>profit, is commonly known as() A: a market price. B: a cost-based price. C: a buyer’s market price. D: a seller’s market price. E: a fair price.
- The price of goods usually rises when the supply is not ______ to the demand.(5分) A: leading B: normal C: adequate D: average
- In a commodity economy, the relationship among value, price, supply and demand is ( ) A: Prices are influenced by supply and demand and fluctuate around value B: Price is determined by value, reflecting value but not supply and demand C: Price is affected by value and changes with supply and demand D: Price is determined by value, reflecting value and supply and demand E: Price is determined by value, and affected by supply and demand. It also restricts supply and demand
- The demand for corn increases. As a result, the price of corn will ________, and the less elastic the supply of corn, the ________ will be the effect on the price. A: fall; smaller B: fall; greater C: rise; smaller D: rise; greater