The situation when the price of most goods and services are falling over time is called:
A)inflation.
B)disinflation.
C)a boom.
D)deflation.

Name: The situation when the price of most goods and services are falling over time is called: A)inflation. B)disinflation. C)a boom. D)deflation.
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Question

Quizplus · Accepted Answer

Deflation occurs when the average price level falls, and this is usually a situation where most goods and services see falling prices.

The Situation When the Price of Most Goods and Services