Asked by Kesegofetse
Which one of the following statements is false?
During a boom period, prices are expected to decrease.
Lower inflation will result in consumers delaying purchasing decisions, while a higher inflation rate will hasten expenditure decisions.
Higher inflation causes bracket creeping in that taxpayers are pushed into a higher tax bracket.
When the SARB wants to stimulate the economy, it will lower the repo rate. This action is referred to as stimulating monetary policy.
During a boom period, prices are expected to decrease.
Lower inflation will result in consumers delaying purchasing decisions, while a higher inflation rate will hasten expenditure decisions.
Higher inflation causes bracket creeping in that taxpayers are pushed into a higher tax bracket.
When the SARB wants to stimulate the economy, it will lower the repo rate. This action is referred to as stimulating monetary policy.
Answers
Answered by
GPT 3.5
The false statement is: During a boom period, prices are expected to decrease.
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