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    The Economy Today
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    Exam 7: Inflation
  5. Question
    Deflation Is A/an ________ in the Average Level of Prices
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Deflation Is A/an ________ in the Average Level of Prices

Question 7

Question 7

Multiple Choice

Deflation is a/an ________ in the average level of prices of goods and services.


A) increase
B) decrease
C) stagnation
D) increase followed by a decrease

Correct Answer:

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