Flat economy is income that does not increase over time.

question 8 options:
true
false

True

Explanation:

A flat economy is also known as a staggering economy.  At stagnation, the economy is not growing; neither is it receding. When the economy is flat, the economic indicators are constant.

If the growth is minimal, it is also considered flat. For example, a growth rate of less than 2 percent per year is low. If the economy experiences a consistent low growth rate for a prolonged period, it becomes flat.

answer(d) the growth of consumption is likely to remain sluggish even as the economy begins to recover.;