As it has been already mentioned, deflation does not seem to be a positive phenomenon. As far
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As it has been already mentioned, deflation does not seem to be a positive phenomenon. As far as the following social groups are concerned, who would be most likely to benefit (in the short run) from deflation? Briefly explain.
a. Farmers
b. Old-age pensioners
c. Owners of clothes shops
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ANSWER While deflation is generally considered detrimental to the overall economy different social g...View the full answer
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