Need this asap. I'm not certain on my answer. It's between disinflation and deflation. PLEASE HELP!! A term for when inflation is decreasingdisinflationdeflationdomesticationdisintegration

General rise in the price level of the goods and services in the economy without any change in real…

Answered: A term for when inflation is decreasing…

Business

Economics

A term for when inflation is decreasing disinflation deflation domestication disintegration

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter22: Inflation

Section: Chapter Questions

Problem 22CTQ: Inflation rates, like most statistics, are imperfect measures. Can you identify some ways that the...

See similar textbooks

Related questions

Q: Why did the Chinese yuan depreciate against the dollar between August 2015 & December 2016? What are…

A: The value of a set asset less all of the depreciation that has been recorded against it's called…

Q: Price elasticities of the demand for health care are usually much lower (in absolute terms) at the…

A: Price elasticity of demand shows the responsiveness of change in quantity demanded due to change in…

Q: Suppose that there is a nonrenevable resource that can be consumed today (period 1) or tomorow…

A: Note:- Since we can only answer one question at a time, we'll answer the first one. Please repost…

Q: Compute the total cost per year of the following pair of expenses. Then complete the sentence: On an…

A: Given Information, Maria spends $15 on lottery tickets every week. Assuming, there are 52 weeks in a…

Q: 1. The demand function in a market given by p(X) = 100- X, where X is the industry output. Campbell…

A: Monopoly output is produced where MR=MC

Q: Given the data in the table, what is the marginal revenue when the 15th unit is sold?

A: Marginal revenue is the ratio of change in total revenue and change in quantity. Total revenue =…

Q: Suppose there is an increase in the cost of health insurance premiums paid by employers as part of…

A: Here, it is given that the cost of health premium on employer paid insurance has increased in the…

Q: economists were laissez-faire in their policy recommendations, having faith that the economy would…

A: Answer -

Q: Once people believe the Central Bank's commitment to keep unemployment at the natural rate, the…

A: In an economy, central bank can influence the expectations of the people using monetary policy,…

Q: Suppose a monopolist faces a market demand that is the first two columns in the table below. Also,…

A: We have total cost = TFC + TVC MR = change in TR/ Change in Q MR = Change in TC/ Change in Q

Q: Sharing the Surplus A farmer works on a plot of land owned by a landlord. The figure below…

A: Dear learner you have posted multiple questions, as per our policy we have solved only first…

Q: Based on the belief that prices are fully flexible, classical economists conclude that a) spending,…

A: According to the classical economist, market is a self-correcting because wages and prices are…

Q: Discuss some products and markets that are good examples of Monopolistic Competition. Like the…

A: Market refers to the place where all economic agents come together to carry out all their economic…

Q: David is willing to pay $8.68 for his third cappuccino (market price is $5.83) and the lowest price…

A: The answer is as follows:-

Q: Using the table find the following. 1. Elixir’s profit maximizing output ___bottles 2. Profit…

A: Profit maximizing condition is that condition where Marginal revenue is equal to marginal cost.

Q: hat are the economic values of strate Liance strategies? Illustrate of a form c Iccessful strategic…

A: Alliances and associations are a key staple in business procedures for associations huge and little.…

Q: b. What is the relevance of productive and allocative efficiency to the growth process? c. What is…

A: b. What is the relevance of productive and allocative efficiency to the growth process? Answer- In…

Q: 1. The demand function in a market given by p(X) = 100 - X, where X is the industry output. Campbell…

A: Monopoly output is produced where MR=MC

Q: Health care expenditures now account for about __________percent of the American GDP.a. 5 c. 16b. 10…

A: In 2020 healthcare expenditure is 19.7 % in America

Q: The firm's fixed cost is $5 a day and its marginal cost is $1. The table below shows the demand…

A: Elasticity of demand refers to the percentage change in quantity demanded due to the percentage…

Q: The Generalized Entropy Index for a subset (after splitting) containing 12 individuals who…

A: Answer- Total subscription before unsubscription= 12+8=20 Rate of unsubscription= 1220×100= 60 Un…

Q: In the model: V,=v - B(r,-r")- we, + e 1, = n + a(v, - v,)- yAe, + e, What is the expected short-run…

A: Answer -

Q: o decrease because Da) the government refused to allow the money supply to increase. O b) households…

A: Ans. is option (a) the government refused to allow the money supply to increase.

Q: 1. What is the profit maximizing level of production? ___ pairs per week. 2. What price does…

A: Profit maximization condition will be at MR = MC and at the equilibrium point MC curve needs to be…

Q: When decision-makers have time to fully adjust to changes in the overall price level, we refer to…

A: In Economics, Long-run and Short-run are the concepts related to the market where the equilibrimity…

Q: E. A producer has two production processes, both using a single input, r, and both producing the…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: Define equilibrium and steady state. Can we find a steady state for each dynamic general equilibrium…

A: Equilibrium is a state where the pace of the forward response approaches the pace of the backward…

Q: Aggregate supply describes the O a) relationship between suppliers' spending and output. O b)…

A: The aggregate supply curve depicts the relationship between the producer's willingness to supply…

Q: One difference between the Great Recession and the Great Depression is that a) there was significant…

A: The situation which depicts a downward trend in the business cycle that is being depicted by a…

Q: Suppose the Machine rental rate decreases from $20 per hour to $10 per hour, while the rental rate…

Q: Question 1 A toy manufacturing company is selling pokemon figures in Latin America, generating…

A: Future worth is the worth of a present resource sometimes not too far off in view of an accepted…

Q: The decrease in aggregate demand during the Great Depression was caused, in part, by O a) higher…

A: The Great depression is regarded as one of the most harsh recession in the world economic history.…

Q: Approximately __________ million Americans are without health insurance.

A: Health Insurance is one of the most useful thing. It helps in ensuring to cover all the medical…

Q: 2. Consider the production function, f (21, 2) = zf z3 . (a) Solve the PMP for factor demands z (p,…

A: Supply function is the marginal cost of the firm where Marginal cost curve behave like supply…

Q: Briefly explain the term negotiating barter

A: The firms and businesses tend to operate in the markets with the motive of maximizing the level of…

Q: 16. Assume that economy has the following Phillips curve n = n° – 2(u – 0.05). Further assume that…

A: Phillip's Curve : π = πe- 2 (u - 0.05 ) πe = π(-1)

Q: Restaurant meals and vacation hotels expenditures are examples of ______ A. consumption B.…

A: Consumption spending: - consumption spending includes the total value of final goods and services…

Q: Potential GDP 450 C+I+G+X-IM) E T 4,000 5,000 6,000 Real GDP (billions of dollars per year) In…

A: When there is an excess of total disposable income above the value of available items at a specific…

Q: Demand and Cost facing Monopolist Total Total Marginal Marginal Total Price Quantity Variable Profit…

A: Fixed cost remains same at all levels of output while variable cost changes as output level changes.…

Q: MI, 2009: 1692.8 Billion Circulated currency, percentage of M1, 2009: 51 42 Circulated currency,…

A: As per the Federal Reserve, Before May 2020, M1 = Currency in circulation + Checkable deposits

Q: Suppose, in the Solow growth model, that learn- ing by doing is captured as a cost of installing new…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Why being an OFW considered a choice and not an option?

A: There are many reasons that we can consider while considering the workers of the Philippines to work…

Q: Keynesian economists believe that prices are sticky and slow to adjust, from which they conclude…

A: The macroeconomic economic theory of total expenditure in the economy and its consequences on…

Q: 5a. An elective project is currently under review. It requires an initial investment of $116,000 for…

A: Rate of return for a project or the internal rate of return for a project, denoted as IRR, is…

Q: What is the value of the change in consumer surplus associated with the new policy? What is the…

A: The consumer surplus refers to the difference between what a consumer is willing to pay and what…

Q: In 2018, in the United States the sum of the balance of all three of the balance of payments…

A: In 2018, in the United States the sum of the balance of all three of the balance of payments…

Q: Using the ISLM model, a housing market crash A. can be represented as a leftward shift of the LM…

Q: What is efficiency? Is it the only goal of economic policymakers?

A: Scarcity: - it is a very basic problem of economics that is related to the limited availability of…

Q: 5) Suppose we have the production functions: q = KL a.) Set up the appropriate Lagrangian and derive…

A: A function can be thought of as a model which involves an input, after processing which an output is…

Q: [16] Operating in the short run with one fixed input and one variable input, the marginal product of…

A: Marginal Product = MP = 10 - X Output Price = P = 3 Variable Price (Wage; w) = 15

Question

Need this asap. I'm not certain on my answer. It's between disinflation and deflation. PLEASE HELP!!

A term for when inflation is decreasing
disinflation
deflation
domestication
disintegration

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

The total price of purchasing a basket of goods in the United Kingdom over four years is: year 1=940, year 2=970, year 3=1000, and year 4=1070. Calculate two price indices, one using year 1 as the base year (set equal to 100) and the other using year 4 as the base year (set equal to 100). Then, calculate the inflation rate based on the first price index. If you had used the other price index, would you get a different inflation rate? If you are unsure, do the calculation and find out.
Inflation rates, like most statistics, are imperfect measures. Can you identify some ways that the inflation rate for fruit does not perfectly capture the rising price of fruit?
What has been a typical range of inflation in the U.S. economy in the last decade or so?
A fixed-rate mortgage has the same interest rate over the life of the loan, whether the mortgage is for 15 or 30 years. By contrast, an adjustable-rate mortgage changes with market interest rates over the life of the mortgage. If inflation falls unexpectedly by 3, what would likely happen to a homeowner with an adjustable-rate mortgage?
Describe a situation, either a government policy situation, an economic problem, or a private sector situation, where using the GDP deflator to convert from nominal to real would be more appropriate than using the CPI.
If, over time, wages and salaries on average rise at least as fast as inflation, why do people worry about how inflation affects incomes?
Construct the price index for a fruit basket in each year using 2003 as the base year.
Given the federal budget deficit in recent years, some economists have argued mat by adjusting Social Security payments for inflation using me CPI, Social Security is warming recipients. What is their argument, and do you agree or disagree with it?
Describe a situation, either a government policy situation, an economic problem, or a private sector situation, where using the CPI to convert from nominal to real would be more appropriate man using the GDP deflate: