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:

Multimodal Transportation

The use of two or more modes of transport to move goods from origin to destination, optimizing costs and efficiency.

Cross-border Trade

Trade that occurs when goods or services are exchanged across national borders.

Domestic Sourcing

The process of acquiring goods or services within the country where a company operates rather than from abroad.

Last Mile

The final stage of the delivery process where a product moves from a transportation hub or warehouse to its final delivery destination, often considered the most expensive and time-consuming part of the shipping process.