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  3. Study Set
    Macro Economics 2
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    Exam 3: Economic Cycle and Financial Crises
  5. Question
    When Prices Are Falling Continuously, the Phenomenon Is Called
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When Prices Are Falling Continuously, the Phenomenon Is Called

Question 7

Question 7

Multiple Choice

When prices are falling continuously, the phenomenon is called:


A) inflation
B) stagflation
C) deflation
D) reflation

Correct Answer:

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