A fall in the inflation rate from 8 percent to 2 percent is an example of deflation.

Name: A fall in the inflation rate from 8 percent to 2 percent is an example of deflation.
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Quizplus · Accepted Answer

A fall in the inflation rate from 8 percent to 2 percent is not an example of deflation. Deflation occurs when the overall price level of goods and services in an economy declines. A decrease in the inflation rate still indicates a rise in prices but at a slower rate.

A Fall in the Inflation Rate from 8 Percent to 2