Multiple Choice
Deflation is best described as when
A) all prices in the economy fall.
B) the prices of some goods rise and prices of some goods fall,but more goods have price increases than decreases.
C) the prices of some goods rise and prices of some goods fall,but fewer goods have price increases than decreases.
D) the overall level of prices of goods falls.
E) the overall level of prices of goods rises.
Correct Answer:

Verified
Correct Answer:
Verified
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