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Is a rise in the cost of goods and services called inflation or deflation?
Wiki User
∙ 14y ago
Inflation
Wiki User
∙ 14y ago
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What is diflation?
Deflation is decrease in general price level of services and goods. Deflation occur when inflation rate is 0%
What are the differences between inflation and deflation?
Inflation is when the value of money declines so it takes more dollars to purchase the same goods or services. Deflation is the opposite.
What is the general decrease in cost of goods and services called?
Deflation
Is the deflation good for the economy?
yes,deflation...in my own opinion is good to the country,but permit me to say the little i know about (inflation) and( deflation).inflation...means when there is excess of money circulating within a given country while deflation means when there is less money.......so deflation is good for a country in a way that,there will be no inappropraite in terms of goods and services,,
What is a general increase in the cost of goods and services?
That is called "inflation".
What is diflation?
Deflation is decrease in general price level of services and goods. Deflation occur when inflation rate is 0%
What are the differences between inflation and deflation?
Inflation is when the value of money declines so it takes more dollars to purchase the same goods or services. Deflation is the opposite.
When the general price of goods and services begins to decreased what occurs?
Deflation A+ answers
What is the general decrease in cost of goods and services called?
Deflation
Is the deflation good for the economy?
yes,deflation...in my own opinion is good to the country,but permit me to say the little i know about (inflation) and( deflation).inflation...means when there is excess of money circulating within a given country while deflation means when there is less money.......so deflation is good for a country in a way that,there will be no inappropraite in terms of goods and services,,
What is a general increase in the cost of goods and services?
That is called "inflation".
Economic condition in which the price of goods and services drops?
Deflation by: Andrea Burke
What is the definition of economic inflation?
Economic inflation or just inflation is the rate at which the general level of prices for goods and services is rising. Central banks attempt to stop severe inflation, along with severe deflation, in an attempt to keep the excessive growth of prices to a minimum. Inflation or deflation will always occur in a economy but the role of the Fed is to make less severe.
What refers to the persistent increase in the prices of goods and services?
inflation
What is the best description of deflation?
the general price of goods and services lowers
What is the overall decrease in the price of goods called?
Deflation
What are the reasons for deflation?
Economics: During Deflation the price of goods and commodities goes down. A Deflation is the situation exactly opposite to inflation. Usually during a deflation there is a significant shortage of money and credit. You can find instances of Deflation in the world history during Wars... Geology: The lifting and removal of loose material by wind. (In the desert, resulting in desert pavement)
