Deflation on a wide scale resulting in a decline in prices across a broad spectrum of goods and services:

Question

Quizplus · Accepted Answer

Deflation on a wide scale resulting in a decline in prices across a broad spectrum of goods and services has not occurred in the U.S. since the 1930s. While deflation can occur sporadically in certain sectors or regions, widespread deflation across the economy has been rare in recent history.

Deflation on a Wide Scale Resulting in a Decline in Prices