A Situation Where Prices (Including Wages) Are Falling and Leading

question 41

Multiple Choice

A situation where prices (including wages) are falling and leading to an inability to service existing debts is which of the following?

• A)an opportunity for program trading
• B)a debt deflation
• C)an opportunity for refinancing and growth
• D)disinflation

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Definitions:

Manufacturing-Based

A perspective or approach that focuses primarily on production processes and efficiencies in product creation.

Product-Based

An approach or business strategy that focuses on the development, manufacturing, and selling of tangible goods as opposed to services.

Pareto Charts

Graphics that identify the few critical items as opposed to many less important ones.

Product Liability

Legal responsibility of manufacturers and sellers to compensate for losses or damages caused by defects in their products.