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    Exam 1: Exploring the World of Business and Economics
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    Deflation
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Deflation

Question 204

Question 204

Multiple Choice

Deflation


A) is a typical economic event in the U.S. economy.
B) is scheduled by the nation's economists to make economic corrections.
C) occurs only in command economies.
D) is a general decrease in the level of prices.
E) is characteristic of a mixed economy.

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