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What occurs when there is less money in circulation and there are plenty of goods for sale but no demand, so prices drop? A. depression B. deflation C. inflation D. equilibrium<…

What occurs when there is less money in circulation and there are plenty of goods for sale but no demand, so prices drop? A. depression B. deflation C. inflation D. equilibrium<…
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4 votes
What occurs when there is less money in circulation and there are plenty of goods for sale but no demand, so prices drop?

A. depression

B. deflation

C. inflation

D. equilibrium

User Maarten Docter
by
8.5k points

2 Answers

1 vote
I'm guessing b is the answer
User Muhammad Waqas Bhati
by
8.6k points
6 votes
The correct answers is b.
User Dmytro Evseev
by
8.0k points
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