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recession is when you have no growth in the economy for at least 6 months and deflation is when prices in general instead of getting more expensive go down or are less expensive. When you are in a recession depending on the particular recession prices can go up down or stay the more or less the same
Wiki User
∙ 15y ago
Wiki User
∙ 12y agoinflation is a situation when prices persistantly rise in the country on the other hand deflation is when there is excess supply of good in a country when we remove inflation then unemployment creat
Wiki User
∙ 9y agoInflation is a steady rise in the level of prices and deflation is a steady fall in the level of prices.
Wiki User
∙ 14y agoDeflation is the decrease in the general price level. It can also be referred to as negative inflation. Disinflation is a fall in the rate of inflation (i.e., from 4% to 2%).
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When overall prices are decreasing are you in recession?
You are in deflation. This may be due to a recession or to other factors.
What is the difference between recession and depression?
The difference between the depression and a recession is a recession is the down on an up and down rollercoaster. While the depression, there was no way to tell when it would end.
A recession is best defined as a period during which?
consecutive periods of deflation
WasThe great depression was a time when the US experienced severe economic recession and deflation?
Yes, this is true
Explain the difference between deflation and abrasion?
In economics, deflation is the decrease of the general level of prices in an economy. Abrasion on the other hand, is the process of wearing down or rubbing away through fiction.
When overall prices are decreasing are you in recession?
You are in deflation. This may be due to a recession or to other factors.
What is the difference between recession and depression?
The difference between the depression and a recession is a recession is the down on an up and down rollercoaster. While the depression, there was no way to tell when it would end.
A recession is best defined as a period during which?
consecutive periods of deflation
WasThe great depression was a time when the US experienced severe economic recession and deflation?
Yes, this is true
Explain the difference between deflation and abrasion?
In economics, deflation is the decrease of the general level of prices in an economy. Abrasion on the other hand, is the process of wearing down or rubbing away through fiction.
What is the difference between deflation and abrasion?
Deflation can lower the lands surface by several meters. Abrasion makes pits in rocks and produce smooth, polished surfaces.Deflation is a(n) erosion of the land by wind.Abrasion is a form of erosion that makes pit in the rocks and produce smooth, polished surfaces. (abrasion is common in some deserts and in some cold regions with strong wind).Hope this helps you !!!!! :D
Beyond certain point deficit financing will certainly lead to?
inflation, b) deflation c) recession d) economic stagnation
What is the difference between a recession and depression?
a depression is a particularly deep recession with high levels of unemployment
What is the difference between a technical recession and a recession?
Technically a recession starts with two quarters of negative growth. If there has only been one such quarter published but it is clear that things are going to get worse before they get better then it may be clear that you are in a recession even if not technically so.
What is the difference between Recession and boom?
you all fools. if you cannot provides us answer than who give the answers....
Compare and contrast abrasion and deflation?
I don't know the difference.
What is difference between depression and a recession?
A recession is a low point in the economy. A depression is an extreme low point in the economy that lasts a long period of time. We are at a recession, in the 1930's their was a depression in the US.
