Question

A persistent fall in the general price level of goods and services is known as __:

[A] Deflation 
[B] Disinflation 
[C] Stagflation 
[D] Depression

Answer 1

Correct Answer: A [ Deflation ]

Explanation:
Inflation refers to rise in general price level of goods and services, deflation is fall in general price level of goods and services. Deflation is inflation in negative zone, i.e. a decrease in the general price level of goods and services. {Reference}

Answer 2

answer is (A) deflation. A persistent fall in the general price level of goods and services is known as deflation. hope this helps you please mark me as brainliest!!!