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What best describes deflation? A. Increase in purchase of goods and services. B. Decrease in the cost of goods and services. C. Increase in the cost of goods and services . D. D…

What best describes deflation? A. Increase in purchase of goods and services. B. Decrease in the cost of goods and services. C. Increase in the cost of goods and services . D. D…
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5 votes
What best describes deflation?

A. Increase in purchase of goods and services.
B. Decrease in the cost of goods and services.
C. Increase in the cost of goods and services .
D. Decrease in purchase of goods and services.

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User Martin Claesson
by
8.2k points

2 Answers

5 votes
Answer: B. Decrease in the cost of goods and services. Hope this helps!
answered
User JayKandari
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8.4k points
7 votes
the answer would be B, the decrease in the cost of goods and services
answered
User Florian Wendelborn
by
7.4k points
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