Deflation Occurs When

question 10

Multiple Choice

Deflation occurs when

• A)aggregate demand increases at a persistently slower rate than aggregate supply.
• B)aggregate demand increases at a persistently faster rate than aggregate supply.
• C)the growth rate of potential GDP slows.
• D)the quantity of money remains constant.
• E)the quantity theory of money is disregarded.

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Definitions:

Variable Type

The classification of variables based on the kind of data they hold, such as integer, float, or string.

Method Names

Identifiers used in programming to name a method, which often describe the action the method performs and follow naming conventions.

InstanceOf Operator

The instanceOf operator in Java is used to check whether an object is an instance of a specific class or interface, returning true or false.

Downcasting

The process of converting a reference of a parent class to a reference of a subclass in object-oriented programming.