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    Principles of Macroeconomics Study Set 11
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    Exam 5: Introduction to Macroeconomics
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    Explain What Is Meant by Deflation
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Explain What Is Meant by Deflation

Question 12

Question 12

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Explain what is meant by deflation. Explain the impact that it might have on the value of assets.

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Deflation is a decline in the ...

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