Zero Inflation

question 40

Multiple Choice

Zero inflation

• A)might be dangerous because it could lead to rapidly increasing prices.
• B)would limit the flexibility of the labor market and so could at times raise unemployment.
• C)would make it easy for the Central bank to create negative real interest rates.
• D)is impossible to achieve in the real world.

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Definitions:

Lower Socioeconomic

Refers to individuals or groups who are in a lower position in terms of economic, social, and educational resources.

Educational Aspirations

Goals or ambitions related to achieving a certain level of education.

Career Aspirations

The long-term career goals or objectives an individual aims to achieve.

Showing Deference

Demonstrating respect or submission to someone by yielding to their knowledge or authority.