True/False
A rise in the average level of prices is called deflation.
Correct Answer:
Verified
Related Questions
Q130: When the price level falls by 50
Q131: When the price level rises by 20
Q132: A negative inflation rate, or deflation, means
Q133: Compared to the inflation rate calculated using
Q134: A positive inflation rate means that the
Q136: A positive inflation rate means that average
Q137: A fall in the average level of
Q138: A negative inflation rate means that average
Q139: The basket used to calculate the Consumer
Q140: When the price level rises by 10
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents