Question:

Irving Fisher argues that deflation is most likely to have which of the following effects:?

by  |  earlier

0 LIKES UnLike

A) expand the economy because the cost of goods has fallen

B) increase aggregate supply

C) increase aggregate demand

D) decrease aggregate demand

 Tags:

   Report

1 ANSWERS


  1. D) decrease aggregate demand

    (debt-deflation hypothesis)

Question Stats

Latest activity: earlier.
This question has 1 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.