QUESTION 2 points Save Answer implies that pressure for price increases reaches

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QUESTION 2 points Save Answer implies that pressure for price increases reaches across not just Ainflation; most OB deflation: all OC deflation: most inflation; all QUESTION 2 1 points Save Answer In the early 1990's extremely high inflation rates of 2500% were common in Russia. During that time, we can say that as a resalt of those inflation rates OA deflation OC ultra infiation OD hypo infation QUESTION 3 1 points Save Answer With regard to the economy, the term negative inflation is synonymous with which of the following? OA deflation 0 B, depression OD recession QUESTION 4 2 points Save Answer The real interest rate is the minus the OA nominal interest rate: CPl index OB. nominal interest rate: rate of inflation OC nominal GDP: real GDP D annualized interest rate; rate of inflation Click Saeee and Submit to sqve and submit. Click Save Al Ansupers to save all ansvers Save All Answers

Explanation / Answer

Question 1.

Answer is A. Inflation is the general increase in prices of goods and services.

Question 2.

B. Hyperinflation, which is, inflation occuring at a very high rate.

Question 3

A. Deflation. Deflation is a decrease in prices of goods and services.

Depression and recession are downturns in economic activity and are incorrect.

Question 4

B. Real interest rate is the nominal interest rate minus inflation rate.

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