What is deflation, and why do policy makers have to be concerned about it?
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What is deflation, and why do policy makers have to be concerned about it?
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Deflation is a persistent decrease in the general price level of goods and services in an economy over time In other words it is the opposite of infla...View the full answer
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Related Book For
Financial System Of The Economy Principles Of Money And Banking
ISBN: 9780765622464
5th Edition
Authors: Maureen Burton,Bruce Brown
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