Since the Prices of Goods and Services Are Falling, Deflation

question 11

True/False

Since the prices of goods and services are falling, deflation positively affects workers and firms.

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Definitions:

Memory

The mental capacity or faculty of retaining and reviving facts, events, impressions, or recalling or recognizing previous experiences.

Sleepiness

A state of strong desire for sleep, or sleeping for unusually long periods (compare with tiredness).

Sleep

A naturally recurring state of mind and body characterized by altered consciousness, relatively inhibited sensory activity, and inhibition of nearly all voluntary muscles.

Increases

Situations or occurrences where there is a rise in quantity, size, number, value, or extent.