A situation of negative inflation is called
A) recession.
B) expansion.
C) boom.
D) deflation.
E) disinflation.

Name: A situation of negative inflation is called A) recession. B) expansion. C) boom. D) deflation. E) disinflation.
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Question

Quizplus · Accepted Answer

Negative inflation, also known as decreasing prices, is called deflation. This occurs when the overall prices of goods and services in an economy are decreasing over time, leading to an increase in the purchasing power of consumers.

A Situation of Negative Inflation Is Called