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  2. Topic
    Business
  3. Study Set
    Economics-Macroeconomics
  4. Exam
    Exam 12: The Business Cycle, Inflation, and Deflation
  5. Question
    During a Deflation, the Price Level Is
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During a Deflation, the Price Level Is

Question 198

Question 198

Multiple Choice

During a deflation, the price level is


A) negative.
B) positive and rising.
C) positive and falling.
D) positive and not changing.

Correct Answer:

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