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The key question to ask when examining your opinions is,
Deflation
A decrease in the general price level of goods and services, typically indicative of a reduction in the supply of money and credit in the economy.
Excess Supply
A market situation where the quantity of a good or service offered for sale by producers exceeds the quantity that consumers are willing to buy, often leading to a fall in prices.
Price Level
An encompassing average of prices for goods and services produced at present in the economy.
U.S. Prices
Pertains to the cost of goods and services within the United States, which can be influenced by factors like inflation, demand, and economic policies.
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