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Which term refers to an economic situation where the small amount of money in circulation lowers prices and lessens demand for goods? a. competition b. distribution c. substitut…

Which term refers to an economic situation where the small amount of money in circulation lowers prices and lessens demand for goods? a. competition b. distribution c. substitut…
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Which term refers to an economic situation where the small amount of money in circulation lowers prices and lessens demand for goods?

a. competition
b. distribution
c. substitution
d. deflation

asked
User Tomer Shetah
by
7.8k points

1 Answer

5 votes
I believe the answer is D.) Deflation 
answered
User Anudeep GI
by
8.1k points
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