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.
1 answer
The false statement is: During a boom period, prices are expected to decrease.
1 answer