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    Principles of Macroeconomics Study Set 12
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    Exam 7: Unemployment, Inflation, and Long-Run Growth
  5. Question
    Deflation Is a Decrease in
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Deflation Is a Decrease in

Question 200

Question 200

Multiple Choice

Deflation is a decrease in


A) the price of one item.
B) the overall price level.
C) the average income level.
D) real gross national product.

Correct Answer:

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