If the GDP Deflator Decreases from One Year to the Next

question 123

Multiple Choice

If the GDP deflator decreases from one year to the next, it can be concluded that the economy has experienced:

• A)​stagnation.
• B)​stagflation.
• C)​inflation.
• D)​deflation.

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Definitions:

Company B

Generally refers to a business entity or corporation engaged in commercial, industrial, or professional activities.