A Persistently Declining Price Level Resulting from Economic Growth and Unchanged

question 220

Multiple Choice

A persistently declining price level resulting from economic growth and unchanged aggregate demand is called

• A) demand-side deflation.
• B) supply-side deflation.
• C) ozian deflation.
• D) secular deflation.

---

Definitions:

Correlational Studies

Non-experimental research methods used to measure and analyze the relationship between two variables without manipulating them.

Causal Relationship

A connection between two events or variables where one directly influences the occurrence of the other.

Longitudinal Designs

Research designs that involve repeated observations of the same subjects over a period of time, often used to study development and change.

Causal Relations

The relationship between cause and effect, where one event (the cause) leads to the outcome of another event (the effect).