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What is a decrease in the general level of the prices of goods and services? Question 8 options: Stagflation Creeping inflation Hyperinflation Deflation

User Orvyl
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Stagflation Answer:

Step-by-step explanation:

User Mahalde
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Answer:

Deflation is the good answer.

Step-by-step explanation:

It is usually associated with a contraction of the supply and credit in an economy. The purchasing power of a currency rises over time in deflationary conditions. The nominal costs of capital, labor, goods and services fall, although their relative prices may remain unchanged.

User Naveen K
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