Question
Deflation occurs when the
Multiple Choice
price of large ticket items, such as appliances, decreases.
economy reaches full employment.
average price of goods and services does not change.
price decreases for some goods and services outweigh price increases on all other goods and services.
Multiple Choice
price of large ticket items, such as appliances, decreases.
economy reaches full employment.
average price of goods and services does not change.
price decreases for some goods and services outweigh price increases on all other goods and services.
Answers
GPT 3.5
price decreases for some goods and services outweigh price increases on all other goods and services.