Which one of the following statements is an appropriate description of deflation ?

examrobotsa's picture
Q: 19 (IAS/2010)
Which one of the following statements is an appropriate description of deflation ?

question_subject: 

Economics

question_exam: 

IAS

stats: 

0,216,97,35,12,216,50

keywords: 

{'deflation': [0, 0, 2, 1], 'inflation': [0, 1, 0, 3], 'persistent recession': [0, 0, 1, 1], 'currency': [0, 1, 0, 3], 'economy': [1, 3, 8, 35], 'fall': [3, 0, 3, 5], 'persistent fall': [0, 0, 1, 1], 'sudden fall': [0, 0, 2, 2], 'real sectors': [0, 0, 1, 0], 'other currencies': [0, 0, 1, 3], 'general price level': [0, 0, 1, 1], 'value': [0, 0, 1, 0]}