Question: True and False ( ) 1. A general decline in prices also decreases the value of money. 2. Treasury bond has maturity between 1 yr

True and False

of money. 2. Treasury bond has maturity between 1 yr

( ) 1. A general decline in prices also decreases the value of money. 2. Treasury bond has maturity between 1 yr

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1true A general decline in prices is known as deflation When prices decline the purchasing power of money increases This means that each unit of currency can buy more goods and services As a result de... View full answer

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