When Prices Are Falling,economists Say That There Is

question 3

Multiple Choice

When prices are falling,economists say that there is

• A)disinflation.
• B)deflation.
• C)a contraction.
• D)an inverted inflation.

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Definitions:

Family Network

A system of social connections and support formed by relatives or kin, including immediate family, extended family, and sometimes close family friends.

Consumption

The process of using goods and services to satisfy wants and needs, it plays a critical role in driving economic activity.

Empowering

Providing individuals or groups with the resources, authority, and opportunity to control their own lives and contribute to organizational success.

USP

Unique Selling Proposition, a marketing concept that emphasizes what makes a product or service unique and attractive to customers.