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Chako Chako
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Posts: 2948
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8 years ago
Which one of the following statements is TRUE?
A) Inflation or deflation can occur even under conditions of full employment.
B) Inflation but not deflation can occur even under conditions of full employment.
C) Deflation but not inflation can occur even under conditions of full employment.
D) Inflation does not coincide with periods of high unemployment levels.
E) Inflation can occur even under conditions of full employment only in the long run.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 187 times
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Good answer, thank you
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#3
8 years ago
Don't forget to vote my answer as best Nerd Face
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