Consider the following statements : 1. When the inflation decreases, but still remains positive, it is deflation. 2. Deflation reduces the real value of money over time. 3. Historically not all episodes of deflation correspond with periods of poor economi

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Q: 74 (CAPF/2009)
Consider the following statements :
1. When the inflation decreases, but still remains positive, it is deflation.
2. Deflation reduces the real value of money over time.
3. Historically not all episodes of deflation correspond with periods of poor economic growth.
Which of the statements given above is/are correct ?
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question_subject: 

Economics

question_exam: 

CAPF

stats: 

0,47,78,31,23,47,24

keywords: 

{'deflation correspond': [0, 0, 1, 0], 'deflation': [0, 0, 2, 1], 'inflation': [0, 1, 0, 3], 'poor economic growth': [0, 0, 1, 0], 'real value': [0, 0, 1, 0]}