Which of the following statements are FALSE?Select all appropriate choices. When the inflation rate is falling, the aggregate price level must also be falling. When the aggregate price is falling, the inflation rate could still be positive. When the aggregate price level is falling, the inflation rate must be negative. A positive inflation rate means the aggregate price level is rising faster
Which of the following statements are FALSE?Select all appropriate choices. When the inflation rate is falling, the aggregate price level must also be falling. When the aggregate price is falling, the inflation rate could still be positive. When the aggregate price level is falling, the inflation rate must be negative. A positive inflation rate means the aggregate price level is rising faster
Chapter13: Inflation
Section: Chapter Questions
Problem 14SQ
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ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning