In the business cycle, when is "deflation" most likely to occur? (5 points)

1 answer:

3 0

In economics, deflation can be described as a decrease in the general price level of goods and services or currency appreciation with respect to the same goods and services. Deflation occurs when the inflation rate falls below 0% (a negative inflation rate). Inflation reduces the real value of money over time; conversely, deflation increases the real value of money – the currency of a national or regional economy. This allows one to buy more goods and services than before with the same amount of money.

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What does national heritage reflect

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National heritage defines the critical moments in our development as a nation and reflects achievements, joys and sorrows in the lives of Australians. It also encompasses those places that reveal the richness of Australia's extraordinarily diverse natural heritage.

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The first emperor of unified China, Shi Huangdi, believed in Legalism, a philosophy that stated 1 point Rulers should seek to ke

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A strict ruler and a strong legal system is needed to create an orderly society.

Explanation:

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Which of the following words describes a candidate that comes off well in the media, particularly on television?

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B . mediagenic ........

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How were crops transported to the markets and port cities of the Southern Colonies? They were carried on boats down the rivers.

oksian1 [2.3K]

The answer is They were carried on boats down the rivers.

Hope I helped!

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Which system develops when the winner of an electoral race obtains more votes than any other candidate?

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I believe the answer is: Plurality system

In the plurality system, the voters are only allowed to choose for one candidate and the winners would be determined by counting who obtain the most votes compared to the other counterparts.
Currently, plurality system is the most adopted system in the world, which is used by almost all countries who use democratic principle in the government.

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