what meant by is deflation
Answers
Answered by
6
Answer:
Explanation:
deflation is a decrease in the general price level of goods and services.
Answered by
1
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% (a negative inflation rate). ... Deflation is distinct from disinflation, a slow-down in the inflation rate, i.e. when inflation declines to a lower rate but is still positive.
Similar questions