15. What is Deflation? When there is too much money for items available, the value of the dollar decreases, money is worthless. When there is not enough money for items available, the value of the dollar increases, money is rare. When a bank in the United States goes bankrupt. When a company in the United States takes in gives out money to its stockholders.

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter13: Money And The Financial System
Section: Chapter Questions
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15. What is Deflation?
When there is too much money for items available, the value of the dollar decreases,
money is worthless.
When there is not enough money for items available, the value of the dollar increases,
money is rare.
O When a bank in the United States goes bankrupt.
O When a company in the United States takes in gives out money to its stockholders.
Transcribed Image Text:15. What is Deflation? When there is too much money for items available, the value of the dollar decreases, money is worthless. When there is not enough money for items available, the value of the dollar increases, money is rare. O When a bank in the United States goes bankrupt. O When a company in the United States takes in gives out money to its stockholders.
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