Deflation Occurs Only When

question 116

Multiple Choice

Deflation occurs only when

• A)some prices fall but average prices still rise.
• B)all prices for all goods fall.
• C)the average price level (CPI)falls.
• D)the average price level increases but at a slower rate than before.

---

Definitions:

Shareholder's Agreements

Contracts among a company's shareholders that describe their rights, obligations, and the company's operations.

Minority Shareholders

Shareholders who own less than a controlling stake in a corporation, often with limited decision-making power.

Petroleum Companies

Businesses involved in the exploration, extraction, refining, transportation, and marketing of petroleum products.

Oil Ventures

Business endeavors or investments that involve the exploration, extraction, or production of oil, often requiring significant capital and risk assessment.