Asked by Suzanne Meyer on May 22, 2024
Verified
Deflation began in the year ____.
Deflation
A decrease in the general price level of goods and services in an economy over a period of time.
- Examine economic signals to infer times of economic downturn, growth, decreasing prices, slowing price increases, or rising prices.
Verified Answer
TA
Learning Objectives
- Examine economic signals to infer times of economic downturn, growth, decreasing prices, slowing price increases, or rising prices.