Deflation Refers to a Situation in Which

question 39

Multiple Choice

Deflation refers to a situation in which

• A) the inflation rate decreases.
• B) the average of all prices is falling.
• C) there is a recession and inflation.
• D) prices are not changing.

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Definitions:

Quantitative

Pertaining to, measuring, or measured by the quantity of something rather than its quality.

Quality

The standard of something as measured against other things of a similar kind; the degree of excellence of something.

Daycare Programs

Organized care and educational activities provided for children during the day while their parents are at work or otherwise occupied.

Intellectual Development

The growth of cognitive abilities and capacities such as thinking, reasoning, and problem-solving, from infancy through adulthood.