What do you know about Deflation?



What do you know about Deflation?..

Answer / Mamta Rani

Deflation is a sustained decline in the general price level of goods and services in an economy. It occurs when there is a decrease in the money supply, an excess supply of goods, or a fall in aggregate demand. Deflation can lead to economic contraction, decreased consumer spending, increased debt burdens, and delayed investments.

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