Deflation Generally Occurs When Which of the Following Occurs

question 34

Multiple Choice

Deflation generally occurs when which of the following occurs?

• A) Real GDP does not change.
• B) The consumer price index decreases.
• C) Nominal GDP does not change.
• D) The consumer price index is greater than the GDP deflator.
• E) The rate of inflation falls, for example, from 4% to 3%.

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Definitions:

President

The elected head of a republican state or a key executive officer in certain organizations, responsible for directing operations and policies.

Motor Milestones

Motor milestones are significant points in a child's development where they acquire new abilities in physical movement, such as crawling, walking, and grasping.

Sitting Up

is the act or instance of moving to a sitting position from a lying down position, often considered an important developmental milestone in infants.

Conservation

The understanding in cognitive development that quantity or amount remains the same despite changes in shape or presentation.