Multiple Choice
One In the News article titled "Everything Is on Sale and That's Not Good" suggests that deflation
A) Harms economic growth due to lower profits,more layoffs,and less spending that create a self-reinforcing cycle.
B) Harms the economy because bankruptcies decrease.
C) Harms sellers only,but not buyers since they get better deals without worries of job losses.
D) Results in higher interest rates that further slow the economy.
Correct Answer:
Verified
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