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sjbux sjbux
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5 years ago

Question 1.

The floods of 1993 caused the price of corn to increase. This is an example of



▸ inflation.

▸ deflation.

▸ a sustained inflation.

▸ the operations of supply and demand.

Question 2.

The decrease in the demand for mainframe computers caused manufacturers of mainframe computers to reduce prices by 20%. This is an example of



▸ inflation.

▸ deflation.

▸ a sustained inflation.

▸ the operations of supply and demand.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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tlastertlaster
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5 years ago
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sjbux Author
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#2
5 years ago
This helped my grade so much
wrote...
#3
5 years ago
Perfect
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