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Sunny_sXe [5.5K]
3 years ago
5

If deflation occurs and your income is fixed, your real income:

Business
1 answer:
tankabanditka [31]3 years ago
6 0
<span>Your real income value will increase. The value of your money has now become higher, since deflation is a decrease in the overall money supply. Any income you do have, if it stays the same, will be able to buy more in products than it previously was able to.</span>
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