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Earn +20 ptsQ: Which is not an element of deflation?
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What are the disadvantages of deflation?
Deflation is the fall of the general price market. The disadvantages of deflation are large levels of unemployment and an unstable economy.
What do you understand by the concept of deflation and the cause of deflation?
an increase in which exceeds the supply
Do interest rates rise during deflation?
yes they do rise during deflation
When nominal GDP is less than real GDP is this inflation or deflation?
deflation
What is wind deflation?
Wind deflation is the process of blowing away the loose materials from the surface
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