Multiple Choice
Deflation is a/an ________ in the average level of prices of goods and services.
A) increase
B) decrease
C) stagnation
D) increase followed by a decrease
Correct Answer:
Verified
Related Questions
Q1: If the price of iPods rises 10
Q2: When there is no deflation or inflation,
A)Prices
Q3: Q4: Inflation is Q6: Changes in the relative prices of two Q7: Inflation means Q8: Relative price is Q9: A decrease in the average level of
A)A rise in the price of
A)Specific prices are rising,and relative prices
A)The price of one good
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