A Major Reason for the Existence of Inflationary and Deflationary

question 156

Multiple Choice

A major reason for the existence of inflationary and deflationary gaps is that

• A)corporations do most of the nation's saving.
• B)saving and investing are done by people with no social conscience.
• C)consumers do most of the nation's saving.
• D)saving and investing are done by different groups.

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Definitions:

Placebo

A substance with no therapeutic effect, often used as a control in testing new drugs.

Fake Treatment

A placebo or sham treatment given to participants in research, which has no therapeutic effect.

Demand Characteristic

Cues in an experimental environment that communicate to participants how they are expected to behave.

Control Group

A control group in scientific experiments is the group of subjects that does not receive the treatment or experimental condition and is used as a benchmark to measure the effects of the treatment.