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​Unexpected and Large Deflation Is Desirable, According to the Friedman

question 182

True/False

​Unexpected and large deflation is desirable, according to the Friedman rule.


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Merit Pay Plan

A compensation strategy that awards pay increases or bonuses based on an employee's performance, accomplishments, or achievements.

High Pay

A level of remuneration that is significantly above the average or expected salary for a job or position.

Perform

To carry out, execute, or conduct (an action or task).

Intrinsic Rewards

Satisfaction a person derives from the activity itself, rather than from any external rewards.

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