ananddhakal68 ananddhakal68
  • 07-04-2021
  • Social Studies
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define deflection of money and it causes​

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8473089 8473089
  • 07-04-2021

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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