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Government and the economy

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Question 9

During certain periods in the 2010s, several advanced economies, such as Japan, experienced a sustained decrease in the general price level, with annual inflation rates falling below 0%.

Which of the following terms is used to describe a sustained fall in the general price level of an economy?

Disinflation

Deflation

Depreciation

Stagflation

Government and the economy Questions

  1. IGCSE
  2. /Economics
  3. /Government and the economy