Which term refers to an economic situation where the small amount of money in circulation lowers prices and lessens demand for goods? a. competition b. distribution c. substitution d. deflation

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asked Oct 10, 2017 51.3k views

5 votes

Which term refers to an economic situation where the small amount of money in circulation lowers prices and lessens demand for goods?

a. competition
b. distribution
c. substitution
d. deflation

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high-school

Tomer Shetah asked

by Tomer Shetah

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1 Answer

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I believe the answer is D.) Deflation

Anudeep GI answered Oct 15, 2017

by Anudeep GI

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