Consumers will wait to buy during periods of deflation.

Name: Consumers will wait to buy during periods of deflation.
Brand: Quizplus
Rating: 4.8 (47 reviews)

Question

Quizplus · Accepted Answer

During periods of deflation, consumer goods and services become cheaper over time. This means that consumers may delay their purchases in the expectation of getting an even better deal in the future. As a result, deflation can lead to decreased consumer spending and economic stagnation.

Consumers Will Wait to Buy During Periods of Deflation