Deflation is a. a sustained increase in the average price level.
The foreign exchange rate of money for a country is defined as the rate at which a. money leaves circulation outside that country. One of the reasons why the AD curve slopes downward is a. as the price level rises, purchasing power rises. A lower icome tax rate a. stimulates consumption, causing a rightward shift of the AD curve. Borrowers benefit the most when there is an a. anticipated increase in inflation. Structural unemployment is due to a. technology change or foreign competition.