Geography, asked by prashant247, 1 day ago

DEFINE DEFLATION????????????​

Answers

Answered by IISLEEPINGBEAUTYII
4

Answer:

In economics, deflation is a decrease in the general price level of goods and services. Deflation occurs when the inflation rate falls below 0%. Inflation reduces the value of currency over time, but sudden deflation increases it.

Answered by lilawantirajput23
5

Answer:

hello

Explanation:

deflation is a decrease in the general price level of goods and services. Deflation occurs when the inflation rate falls below 0%. Inflation reduces the value of currency over time, but sudden deflation increases it.

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