A Decrease in the Average Level of Prices of Goods

question 80

Multiple Choice

A decrease in the average level of prices of goods and services is

• A)Deflation.
• B)Recession.
• C)Depression.
• D)Inflation.

---

Definitions:

Pros and Cons

The advantages and disadvantages or positive and negative aspects of a specific issue, decision, or action.

Factions

Groups within a larger group that have slightly different beliefs or interests and sometimes compete with each other.

Soccer Enthusiasts

Individuals with a keen interest and passion for the sport of soccer.

Fashion

The prevailing style or custom as in dress or behavior, often changing and trending among people or social groups.