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    Macroeconomics Study Set 17
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    Exam 17: Inflation, Unemployment, and Federal Reserve Policy
  5. Question
    Deflation Refers to
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Deflation Refers to

Question 203

Question 203

Multiple Choice

Deflation refers to


A) a decrease in the rate of inflation.
B) a falling price level.
C) Both A and B are correct.
D) None of the above is correct.

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