Describe unexpected deflation
Describe unexpected deflation?
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Unexpected deflation is a decrease in cost level, will have the contrary effect of unexpected inflation. Lots of families are at the same time helped and hurt by inflation because they are both borrowers and earners and savers. Effects of inflation are arbitrary, regardless of society’s goals.
Briefly explain the term Price Earnings Ratio (or P/E Ratio)?
Suppose that on the basis of a nation's production curve, an economy must sacrifice 10,000 pizzas domestically to get the 1 additional industrial robot it desires but that it can get the robot from another country in exchange for 9,000 pizzas. Relate this information to the following statement: "Thr
Distinguish between the resource market and product market in the circular flow model. In what way are businesses and households both sellers and buyers in this model? What are the flows in the circular flow model?
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By the perspective of nowadays academic standards, Adam Smith must have more evidently acknowledged that several the analyses and insights for that he took credit within his Wealth of Nations had really been gleaned from the writings
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