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    Macroeconomics Study Set 57
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    Exam 16: Inflation
  5. Question
    Deflation Is A
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Deflation Is A

Question 37

Question 37

Multiple Choice

Deflation is a:


A) sustained fall in the aggregate price level.
B) sustained increase in the aggregate price level.
C) steady, unchanging aggregate price level.
D) steady fall in the exchange rate.

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