12
QuizMultiple Choice

Unit 3A Test

Question 12 of 15 • (OC27) Economics-2102310-Sem-Meadows

What is the difference between inflation and deflation?

Answer
I
Inflation can result from falling demand and boosts the value of money. Deflation can result from rising demand and reduces the value of money.
I
Inflation can result from rising demand and boosts the value of money. Deflation can result from falling demand and reduces the value of money.
I
Inflation can result from falling demand and reduces the value of money. Deflation can result from rising demand and boosts the value of money.
I
Inflation can result from rising demand and reduces the value of money. Deflation can result from falling demand and boosts the value of money.
Previous
Next