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    Macroeconomics Study Set 48
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    Exam 8: Unemployment and Inflation
  5. Question
    Deflation Is A(n)
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Deflation Is A(n)

Question 196

Question 196

Multiple Choice

Deflation is a(n) :


A) decrease in the purchasing power of a unit of money.
B) appreciation of the nation's currency.
C) decrease in the average level of prices.
D) increase in the average level of prices.

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