3 years ago

Define deflection of money and it causes

Social Studies

1 answer:

erastovalidia [21]3 years ago

4 0

Answer:

Explanation:

Deflation is when consumer and asset prices decrease over time, and purchasing power increases. Essentially, you can buy more goods or services tomorrow with the same amount of money. Compare this with inflation, which is the gradual increase in prices across the economy.

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