When the price level_, the inflation rate . A. rises rapidly; increases B. rises rapidly; is high

Question:

When the price level_______, the inflation rate ______.

A. rises rapidly; increases

B. rises rapidly; is high

C. falls; is zero

D. rises slowly; falls

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

See More Books

Question Posted: May 21, 2018 05:55 AM

See More Questions

Suppose you have $500 in savings when the price level index is at 100. (a) If inflation pushes the price level up by 10 percent, what will be the real value of your savings? (b) What is the real...
Multiple Choice Questions: 1. As the price level increases, other things being equal, a. Aggregate demand decreases. b. The quantity of real gross domestic product demanded increases. c. The quantity...
You are given the following equations for the aggregate demand (AD) and short-run aggregate supply (SAS) curves: AD: Y = 1.25Ap + 2.5Ms/P SAS: Y = 11,250 - 20W + 1,000P where Y is real GDP, Ap is the...
Ava bought a house on 1 July 2000 for 62,000. She occupied the entire property as her PPR until 1 August 2007 when she began using one-quarter of the house for business purposes. This continued until...
Antimony atoms are to be diffused into a silicon wafer using both pre-deposition and drive-in heat treatments; the background concentration of Sb in this silicon material is known to be 2 ( 1020...
Discuss the advantages of XML.
A 38.1-mm-diameter, $0.0245-\mathrm{N}$ table tennis ball is released from the bottom of a 4-m-deep swimming pool. Assuming that the ball has reached its terminal velocity within $1 \mathrm{~m}$,...
Ethical Issue: Discuss the ethics of the indirect pattern of organization. Is it manipulative to delay the presentation of the main idea in a message?
In a criminal trial, the prosecution seeks to prove that the defendant, Calvin Broadus robbed a store. There was a witness named Christopher Wallace who told a police officer named Jermaine Cole that...
Using the below Adjusted Trial Balance, complete Reuben's Cubic Storage Income Statement. Statement of Changes to Owner's Equity and their Balance Sheet. When completing the Statement of Changes in...
The BLS reported that the CPI in July 2010 was 226. This news tells you that _______. A. consumer prices during July were 226 percent higher than they were during the base year B. the CPI inflation...
The CPI bias arises from all of the following items except ________. A. the introduction of new goods and services B. the improved quality of goods C. the goods and services bought by poor people D....
Marlene Bellamy purchased 300 shares of Writeline Communications stock at $55 per share using the prevailing minimum initial margin requirement of 50%. She held the stock for exactly 4 months and...
QUESTION 4(a) Determine the coordinate for centroid of the homogeneous sheet metal component shown in Figure Q4(a). Tentukan koordinat titik tengah bagi komponen kepingan logam seragam ini dalam...
Risk averse investor is the one who requires a ( n ) A ) increase in return, for a given decrease in risk B ) increase in return, for a given increase in risk C ) decrease in return, for a given...
A student drove to the university from her home and noted that the odometer reading of her car increased by 15.0 km. The trip took 17.0 min. (For each answer, enter a number.) (a) What was her...
Kirkwood Company acquired and placed in service in 2018 $400,000 of 5-year assets, $400,000 of 7-year assets, and $400,000 of 15-year assets. The company's taxable income for 2018 before any Section...
in sales transaction subject to the residential property disclosure act, the act requires the appropriate disclosure statement to be provided to prospective purchasers by the? A ) broker prior to the...
Write each statement using an absolute value equation or inequality. k is 12 units from 6.
Calculate I, , and a for a 0.0175 m solution of Na 3 PO 4 at 298 K. Assume complete dissociation. How confident are you that your calculated results will agree with experimental results?
What are the preconditions for labour productivity growth?
South Africas real GDP was 1,900 billion rand in 2011 and 1,970 billion rand in 2012. South Africas population was 50.5 million in 2011 and 51.0 million in 2012. Calculate: a. The growth rate of real...
What are the equilibrium real wage rate and the quantity of labour employed in 2014? The first table describes an economys labour market in 2014 and the second table describes its production function...
What measures can organizations implement to promote transparency and accountability in the budgeting process, thereby fostering trust and buy-in among stakeholders and facilitating...
Based on the following cost expenditures for the construction of an office / warehouse development ( to include direct and indirect charges ) , calculate the peak financial requirement: Month Monthly...
Carlos has worked very hard through his career as a teacher and is contemplating an early retirement. He already has a pension in place commencing at retirement age but wants to cut back on his...

When the price level_______, the inflation rate ______. A. rises rapidly; increases B. rises rapidly; is high

Question:

Step by Step Answer:

B When the price leve...View the full answer

Foundations of Macroeconomics

Students also viewed these Business questions

When the price level_, the inflation rate . A. rises rapidly; increases B. rises rapidly; is high