What is a decrease in the general level of the prices of goods and services? Question 8 options: Stagflation Creeping inflation

Question

GaryK [48]

3 years ago

9

What is a decrease in the general level of the prices of goods and services? Question 8 options: Stagflation Creeping inflation

Hyperinflation Deflation

Geography

2 answers:

Len [333] · Answer 1 · 2022-01-02T05:39:48+03:00

Len [333]3 years ago

7 0

Stagflation Answer:

Explanation:

SVETLANKA909090 [29] · Answer 2 · 2022-01-02T07:21:51+03:00

Answer:

Deflation is the good answer.

Explanation:

It is usually associated with a contraction of the supply and credit in an economy. The purchasing power of a currency rises over time in deflationary conditions. The nominal costs of capital, labor, goods and services fall, although their relative prices may remain unchanged.