Deflation is:
A) a sustained rise in the aggregate price level.
B) negative inflation.
C) as common as inflation.
D) a decline in inflation.
Correct Answer:
Verified
Q108: Deflation:
A) reduces the level of aggregate demand
Q109: When an economy experiences deflation, consumption decreases
Q110: If the real rate of return is
Q111: If the purchasing power of your savings
Q112: The reduction in aggregate demand caused by
Q114: If the nominal interest rate is the
Q115: When an economy experiences deflation, investment decreases
Q116: A sustained fall in the aggregate price
Q117: If the value of your debt decreases
Q118: If the real rate of return is
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