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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 85
Circle the letter that corresponds to the best answer. Which statement is the most accurate?
A) Most business owners prefer deflation to inflation.
B) In recent years Japan has suffered from deflation.
C) Deflation is very likely in the United States over the next few years.
D) Deflation is a form of disinflation.
A) Most business owners prefer deflation to inflation.
B) In recent years Japan has suffered from deflation.
C) Deflation is very likely in the United States over the next few years.
D) Deflation is a form of disinflation.
Explanation
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Macroeconomics 11th Edition by Stephen Slavin
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