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    Economics Today Study Set 1
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    Exam 7: The Macroeconomy: Unemployment, Inflation, and Deflation
  5. Question
    Deflation Refers to a Situation in Which
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Deflation Refers to a Situation in Which

Question 39

Question 39

Multiple Choice

Deflation refers to a situation in which


A) the inflation rate decreases.
B) the average of all prices is falling.
C) there is a recession and inflation.
D) prices are not changing.

Correct Answer:

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