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Deflation Generally Occurs When Which of the Following Occurs

Question 34

Multiple Choice

Deflation generally occurs when which of the following occurs?


A) Real GDP does not change.
B) The consumer price index decreases.
C) Nominal GDP does not change.
D) The consumer price index is greater than the GDP deflator.
E) The rate of inflation falls, for example, from 4% to 3%.

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