Periods of declining prices are often called times of:
A) negative prosperity.
B) excessive recession.
C) deflation.
D) cyclical losses.
E) negative earning power.

Name: Periods of declining prices are often called times of: A) negative prosperity. B) excessive recession. C) deflation. D) cyclical losses. E) negative earning power.
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Question

Quizplus · Accepted Answer

Deflation is the correct term for periods of declining prices, indicating a decrease in the general price level of goods and services.

Periods of Declining Prices Are Often Called Times Of