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Unit Test - Question 6 | EAP-Economics and Personal Finance B | Revolt
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EAP-Economics and Personal Finance B
Unit Test
Question 6
6
Quiz
Multiple Choice
Unit Test
Question 6 of 15 • EAP-Economics and Personal Finance B
What is the difference between inflation and deflation?
Answer
A
Inflation can result from falling demand and boosts the value of money. Deflation can result from rising demand and reduces the value of money.
B
Inflation can result from rising demand and boosts the value of money. Deflation can result from falling demand and reduces the value of money.
C
Inflation can result from falling demand and reduces the value of money. Deflation can result from rising demand and boosts the value of money.
D
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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