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    Modern Principles Macroeconomics
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    Exam 12: Inflation and the Quantity Theory of Money
  5. Question
    Deflation Is a Decrease in The
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Deflation Is a Decrease in The

Question 139

Question 139

Multiple Choice

Deflation is a decrease in the:


A) exchange rate.
B) average level of prices.
C) inflation rate.
D) velocity of money.

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