When there is deflation:.
A. it has no effect on the unemployment rate.
B. the central bank...
Business, 01.12.2020 16:20 ultimateknight8
When there is deflation:.
A. it has no effect on the unemployment rate.
B. the central bank cannot push the real interest rate to zero.
C. there is a decline in real money.
D. nominal interest rates are negative.
E. it has no effect on the output gap.
Answers: 1
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