English, asked by VIVEK6051, 5 hours ago

reduction in general price

Answers

Answered by abhaysharma10273

0

Answer:

Deflation is a sustained decrease in the general price level (negative inflation rate) resulting in a sustained increase in the real value of money and other monetary items. Money and other monetary items are worth more all the time during deflation as opposed to being worth less all the time during inflation.

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