Examlex
Deflation is defined as:
Exports
Goods or services produced within one country and sold to buyers in another country.
United States
A federal republic in North America consisting of 50 states, a major global economic and political power.
Laissez-Faire Economics
A market system with minimal government intervention, where private parties are free to conduct business as they see fit.
Keynes
Refers to John Maynard Keynes, a British economist whose theories on the impact of government policies on economic recessions and depressions have significantly influenced modern macroeconomics.
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