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 ?
question_subject: 
Economics
question_year: 
2009
question_exam: 
CAPF
stats: 
0,536,1136,384,376,632,280