During a deflation, the inflation rate is
A) negative.
B) positive and rising.
C) positive and falling.
D) positive and not changing.

Name: During a deflation, the inflation rate is A) negative. B) positive and rising. C) positive and falling. D) positive and not changing.
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Question

Quizplus · Accepted Answer

Deflation is characterized by a decrease in the general price level of goods and services, which means the inflation rate is negative during a deflationary period.

During a Deflation, the Inflation Rate Is