Since Falling Prices Benefit Customers, Deflation Is Always Considered to Be

question 27

True/False

Since falling prices benefit customers, deflation is always considered to be good for an economy.

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Definitions:

Millions

A numeral unit representing one thousand thousand, or 1,000,000, often used to quantify large values such as population, currency, or data.

Total Assets

The total value of everything a company owns, both current and non-current, recorded on the balance sheet.

Fixed Assets

Tangible assets purchased for long-term use in the operation of a business, not expected to be converted quickly into cash.