Deflation Is a Problem Because

question 145

Multiple Choice

Deflation is a problem because

• A) the rate of inflation, though still positive, decreases.
• B) the dollar loses purchasing power.
• C) debt becomes easier to pay off.
• D) it takes more purchasing power to make interest payments or pay off debt.

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Definitions:

Socially Constructed

Pertaining to concepts, categories, or conditions defined by societal norms, values, and interactions rather than innate biological factors.

Shift With Social Changes

The process of adaptation or transformation in response to evolving societal norms, values, and structures.

Masculinities

The array of behaviors, practices, and beliefs associated with being male or manly in a given cultural context.

Symbolic Ethnicity

A form of ethnicity that is individualistic in nature and without real social cost for the individual. It is often chosen or emphasized for symbolic value.