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What is deflation? a. A lack of economic growth. c. A decrease in the general price level. b. A reduction in the supply of money. d. A decrease in a nation’s standard of living.…

What is deflation? a. A lack of economic growth. c. A decrease in the general price level. b. A reduction in the supply of money. d. A decrease in a nation’s standard of living.…
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3 votes
What is deflation?

a. A lack of economic growth.
c. A decrease in the general price level.
b. A reduction in the supply of money.
d. A decrease in a nation’s standard of living. Please select the best answer from the choices provided A B C D

asked
User Richard Rebeco
by
8.3k points

1 Answer

4 votes
I think its a reduction in the supply of money
answered
User Tom Stein
by
9.0k points
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