gregorstrong2 gregorstrong2
  • 23-03-2022
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Causes of deflation (essay answer)

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mayasherchan734
mayasherchan734 mayasherchan734
  • 23-03-2022
It is the opposite of inflation, which is when general price levels in a country are rising. In the short-term, deflation impacts consumers positively because it increases their purchasing power, allowing them to save more money as their income increases relative to their expenses.
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