Changes in Relative Prices May Occur in a Period of

question 32

Multiple Choice

Changes in relative prices may occur in a period of

• A)Stable prices only.
• B)Inflation only.
• C)Deflation only.
• D)Stable prices,inflation,or deflation.

---

Definitions:

Uncertainty Avoidance

A cultural dimension that describes the extent to which a society tolerates ambiguity and uncertainty.

Achievement Orientation

A focus on setting and meeting high standards of performance.

Individualism

A belief system that advocates for individual liberties and actions rather than oversight by collective entities or the government.

Ethics

Moral principles that govern a person's behavior or the conducting of an activity, often determining what is good or acceptable in society or a profession.