Effect of deflation on PPC
Answers
Answered by
3
HEY MATE
HERE'S YOUR ANSWER..
Deflation occurs when the general price level of goods and services in an economy decreases. Deflation results when the supply of money increases more slowly than the supply of goods and services, which causes the value of money to increase and prices to decrease, since you can buy more with less money.
If this help so please mark it brainlist...
HERE'S YOUR ANSWER..
Deflation occurs when the general price level of goods and services in an economy decreases. Deflation results when the supply of money increases more slowly than the supply of goods and services, which causes the value of money to increase and prices to decrease, since you can buy more with less money.
If this help so please mark it brainlist...
aryan120ac:
Anu can you tell me where will the PPC shift.
Similar questions