Save
...
4.2.3 Economic performance
4.2.3.3 Inflation and deflation
Good(Benign)deflation
Save
Share
Learn
Content
Leaderboard
Share
Learn
Created by
Ricky £
Visit profile
Cards (12)
In benign deflation
SRAS
shifts to the
right
due to a
decrease
in
cost
of
production
Which direction does sras shift to in benign deflation?
right
Why does sras shift to the right in benign deflation?
decrease
in
cost
of
production
In what type of deflation does sras shift to the right?
benign
Benign deflation is
short term
and
unanticipated
Benign deflation is short term and?
unanticipated
Benign deflation is unanticipated and?
short term
Benign deflation means the prices will fall for
consumers
so there
purchasing power
will
increase
Benign deflation means the prices will fall for consumers so there purchasing power will...?
increase
Benign deflation means that there will be
falling cost
of
production
for firms
Benign deflation comes with
higher growth
What growth does benign deflation come with?
higher