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

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter13: Inflation
Section: Chapter Questions
Problem 14SQ
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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
Transcribed Image Text: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
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