(Figure: ASAD0) In the figure, the price level went from 100 to 76. This suggests the economy was experiencing a(n):

A) inflationary recession
B) inflationary expansion
C) deflationary recession
D) deflationary expansion

Question

(Figure: ASAD0) In the figure, the price level went from 100 to 76. This suggests the economy was experiencing a(n):
 
A) inflationary recession 
B) inflationary expansion 
C) deflationary recession 
D) deflationary expansion

Quizplus · Accepted Answer

The Answer of (Figure: ASAD0) In the figure, the price level went from 100 to 76. This suggests the economy was experiencing a(n):
 
A) inflationary recession 
B) inflationary expansion 
C) deflationary recession 
D) deflationary expansion

(Figure: ASAD0) in the Figure, the Price Level Went from 100