When the price level falls by 20 percent, products that previously cost $60 now cost $40.
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Q117: Consumers in Studentland buy Pizza and Pepsi
Q118: If a basket of products and services
Q119: Deflation
A) hurts borrowers and savers.
B) hurts borrowers
Q120: When the price level falls by 20
Q121: When the price level falls by 20
Q123: When there is deflation, the value of
Q124: A 5 percent increase in the Consumer
Q125: When there is deflation, the average value
Q126: Inflation is good for students with loans.
Q127: When there is deflation, the value of
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