_________is a condition in which the average level of prices is actually falling.
A)Stagflation
B)Deflation
C)De-inflation
D)Disinflation

Question

Quizplus · Accepted Answer

Deflation is a condition in which the average level of prices is actually falling. Stagflation refers to a situation where there is a combination of high inflation and stagnant economic growth. De-inflation and disinflation are both situations where the rate of inflation is decreasing, but not necessarily to the point where prices are falling.

_________Is a Condition in Which the Average Level of Prices