Which one of the following statements above describes deflation? – McqOptions

MCQOPTIONS

1.	Which one of the following statements above describes deflation?
A.	It is a sudden fall in currency value relative to other currencies.
B.	It is a continuous slowdown in the financial and real sectors of the economy.
C.	It is a continuous fall in the general price level of goods and services.
D.	It is the fall in the inflation rate over a given time period.
Answer» D. It is the fall in the inflation rate over a given time period.

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