- 04/18/2019 at 10:12 am #524936EduGorillaKeymasterSelect Question Language :
Which of the following is an appropriate description of `deflation`?
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- It is a sudden fall in the value of a currency against other currencies.
- It is a persistent recession in the economy.
- It is a persistent fall in the general price level of goods and services.
- It is a fall in the rate of inflation over a period of time.
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