MCQOPTIONS
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MCQOPTIONS
| 1. |
Deflation means- |
| A. | decrease in inflation rate |
| B. | an increase in the general price level, often due to a decrease in the supply of money or credit |
| C. | a fall in the general price level, often due to a decrease in the supply of money or credit |
| D. | deliberate reversal of deflation through a monetary intervention on the part of the government |
| Answer» E. | |