Other Things the Same,if the Price Level Rises by 2

question 67

Multiple Choice

Other things the same,if the price level rises by 2% and people were expecting it to rise by 5%,then some firms have

• A)higher than desired prices,which increases their sales.
• B)higher than desired prices,which depresses their sales.
• C)lower than desired prices,which increases their sales.
• D)lower than desired prices,which depresses their sales.

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Definitions:

Heterosexuals

Individuals who are sexually attracted to people of the opposite sex.

Underreported

Refers to instances or events that are not fully reported or disclosed, often resulting in a lack of awareness or understanding of their true frequency or severity.

Less Power

A situation or condition of having reduced influence, strength, or authority compared to others or compared to a previous state.

Relationship

A connection, association, or involvement between individuals or entities.