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Tneary Tneary
wrote...
Posts: 463
Rep: 9 0
5 years ago

Question 1.

Rising output coupled with falling prices is called stagflation.



▸ true

▸ false

Question 2.

Expectations of higher future prices cause firms to lower prices today to sell their product before prices rise.



▸ true

▸ false
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
Read 76 times
1 Reply
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gdchavis1gdchavis1
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Posts: 410
5 years ago
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