In Debt Deflation, Deflation Raises the Cost of Existing Debt

question 142

Multiple Choice

In debt deflation, deflation raises the cost of existing debt by increasing the value of money needed to pay it off, leading to a(n) _____ in aggregate _____.

• A) increase; supply
• B) reduction; supply
• C) increase; demand
• D) reduction; demand

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Definitions:

Cultural Change

The transformation of the customs, beliefs, arts, and institutions of a society over time, influenced by internal and external factors.

Prime-Time Television

The time period in television programming that captures the highest viewership, typically evening hours when audiences are the largest.

Surveys

Research methods involving the collection of data from a sample of individuals through their responses to questions.

Subjective

Influenced by personal feelings, tastes, or opinions.