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because youre gay
ANSWER: Actually the correct answer is that people or bankers loved the idea of deflation because it would make the money that gets repaid worth more.Commercial bankers kind of liked the fact that the money repaid is worth more but deflationary times generated significantly less business. They would much rather prefer stability. So it would increase the money supply.
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Why did bankers support the gold standard?
They were afraid of losing profits
What are the disadvantages of deflation?
Deflation is the fall of the general price market. The disadvantages of deflation are large levels of unemployment and an unstable economy.
What do you understand by the concept of deflation and the cause of deflation?
an increase in which exceeds the supply
Do interest rates rise during deflation?
yes they do rise during deflation
When nominal GDP is less than real GDP is this inflation or deflation?
deflation
Define deflation explain merits and demerits of deflation?
merits and demerits of deflation
Why did bankers support the gold standard?
They were afraid of losing profits
What is deflation of of?
Deflation is when a currency becomes worthless. An Advantage of deflation is that there is less poverty and things become more affordable.
Why is the fed afraid of deflation?
Why is the central bank afraid of deflation
When was Deflation - film - created?
Deflation - film - was created in 2001.
What are the disadvantages of deflation?
Deflation is the fall of the general price market. The disadvantages of deflation are large levels of unemployment and an unstable economy.
What is the duration of Deflation film?
The duration of Deflation - film - is 180.0 seconds.
What do you understand by the concept of deflation and the cause of deflation?
an increase in which exceeds the supply
Do interest rates rise during deflation?
yes they do rise during deflation
When nominal GDP is less than real GDP is this inflation or deflation?
deflation
Economic condition in which the price of goods and services drops?
Deflation by: Andrea Burke
What are the similarities of deflation and runoff?
there are no similarities deflation is caused by wind and runofff is running water
