Test: Deflation - JAMB MCQ

An increase in the general level of prices

A decrease in the general level of prices

An increase in the money supply

A decrease in the money supply

The average level of prices of goods and services purchased by firms

The average level of prices of goods and services purchased by households

The average level of prices of imported goods and services

The average level of prices of capital goods

The economy is experiencing high levels of unemployment

The central bank increases the money supply

There is a decrease in aggregate demand

There is an increase in government spending

An increase in borrowing costs

A decrease in real wages

Increased investment in the economy

A decrease in the value of exports

Decreasing government spending

Decreasing taxes

Decreasing the money supply

Increasing government spending

Increase interest rates

Decrease interest rates

Increase government spending

Decrease government spending

Increased consumption spending

Decreased investment spending

Increased government spending

Decreased net exports

A decrease in the money supply

An increase in government spending

A decrease in consumer spending

An increase in the money supply

To increase the money supply

To decrease the money supply

To stabilize prices

To encourage borrowing and spending

Decreasing taxes

Increasing taxes

Decreasing government spending

Increasing government spending