Answers Economics semester SS3314 IC Unit Test — Unit testQuestion 8

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Unit Test — Unit test

Question 8 • Economics (semester) SS3314 IC

What is the difference between inflation and deflation?

Answer

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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.

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