If the CPI decreases from one year to the next,what has the economy experienced?
A)deflation
B)inflation
C)stagnation
D)growth

Name: If the CPI decreases from one year to the next,what has the economy experienced? A)deflation B)inflation C)stagnation D)growth
Brand: Quizplus
Rating: 4.9 (39 reviews)

Question

Quizplus · Accepted Answer

A decrease in CPI indicates that there has been a decrease in overall prices of goods and services in the economy, which is known as deflation.

If the CPI Decreases from One Year to the Next,what