1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
melisa1 [442]
3 years ago
15

What is a decrease in the general level of the prices of goods and services

History
2 answers:
ddd [48]3 years ago
6 0

Answer:

A decrease in the general level of the prices of goods and services is called deflation.

Explanation:

Deflation is the opposite of inflation and involves a reduction in the money supply, which in turn causes the value of money to increase. This generally causes the general price level to fall.  

There is consensus that deflation arising from a reduction in the money supply can be detrimental, while when it is caused by an increase in the amount of goods and services in the economy is seen as positive. Unforeseen deflation benefits those who save money as they become more worthwhile, relative to what they thought it would be if there was no deflation. Conversely, it hurts those who borrowed money. A sharp deflation can create unemployment if the price of work cannot go down, because a lower price level causes the relative price of work to rise. If wages do not fall, companies cannot afford the marginal worker, as their production does not outweigh the increase in wages.

crimeas [40]3 years ago
3 0

Answer:

Disinflation is a decrease in the rate of inflation – a slowdown in the rate of increase of the general price level of goods and services in a nation's gross domestic product over time.

Explanation:

You might be interested in
After World War 2, Germany was divided among France, Britain, the United States, and the Soviet Union. An actual wall was built
11Alexandr11 [23.1K]
Shortly after midnight on this day in 1961, East German soldiers begin laying down barbed wire and bricks as a barrier between Soviet-controlled East Berlin and the democratic western section of the city.

After World War II, defeated Germany was divided into Soviet, American, British and French zones of occupation. The city of Berlin, though technically part of the Soviet zone, was also split, with the Soviets taking the eastern part of the city. After a massive Allied airlift in June 1948 foiled a Soviet attempt to blockade West Berlin, the eastern section was drawn even more tightly into the Soviet fold. Over the next 12 years, cut off from its western counterpart and basically reduced to a Soviet satellite, East Germany saw between 2.5 million and 3 million of its citizens head to West Germany in search of better opportunities. By 1961, some 1,000 East Germans–including many skilled laborers, professionals and intellectuals–were leaving every day.

In August, Walter Ulbricht, the Communist leader of East Germany, got the go-ahead from Soviet Premier Nikita Khrushchev to begin the sealing off of all access between East and West Berlin. Soldiers began the work over the night of August 12-13, laying more than 100 miles of barbed wire slightly inside the East Berlin border. The wire was soon replaced by a six-foot-high, 96-mile-long wall of concrete blocks, complete with guard towers, machine gun posts and searchlights. East German officers known as Volkspolizei (“Volpos”) patrolled the Berlin Wall day and night.


Many Berlin residents on that first morning found themselves suddenly cut off from friends or family members in the other half of the city. Led by their mayor, Willi Brandt, West Berliners demonstrated against the wall, as Brandt criticized Western democracies, particularly the United States, for failing to take a stand against it. President John F. Kennedy had earlier said publicly that the United States could only really help West Berliners and West Germans, and that any kind of action on behalf of East Germans would only result in failure.

4 0
3 years ago
2. Ano ang tungkulin ng encomiendero?
enyata [817]

Answer:

tungkulin ng encomiendero.

mangolekta ng buwis

ituro ang kulturang espanol

ipaunawa at ituro ang katolisismo.

6 0
3 years ago
Which of the following governments was the earliest to rule one china
frez [133]
What are the options?
7 0
3 years ago
Why is the man an important historical image
tiny-mole [99]

He was the leader of Cuba's communist revolution

6 0
3 years ago
Similarities between the Maya and the Aztec include all of the following except ________________________.
jolli1 [7]
Beliefs? maybe what's the list?
5 0
3 years ago
Other questions:
  • What was the result of brown.v education
    12·1 answer
  • Which factor contributed to the spread of the Black Plague?
    6·1 answer
  • hich of the following is not an example of a common useful text feature? a]Bold b]Paperback c]Glossary d]Headings
    8·2 answers
  • All of the following word challenges that farmer faced in 1890s except what
    6·1 answer
  • 25 pts plz help!!! Perhaps the biggest question in world history is why the balance of power shifted so dramatically in favor of
    13·1 answer
  • What equipment was considered to be necessary by the mountain men
    10·1 answer
  • Why was africans forced to come to America
    13·2 answers
  • Put the events in the order in which they occurred.
    10·2 answers
  • In the Formative Period, American societies became more ________ and sedentary.
    11·2 answers
  • What did the ottomans do with the different cultural elements in the lands they conquered?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!