Ask Question
26 July, 00:23

All prices rise evenly during periods of inflation and deflation. True or false

+4
Answers (1)
  1. 26 July, 03:19
    0
    False

    Explanation:

    Inflation:

    Inflation is term used to describe general increase in prices of items and fall in the purchasing value of money.

    Deflation:

    Deflation is the term used to describe reduction of the general level of prices in an economy.

    Answer:

    So according to question asked all prices rise evenly during periods of inflation and deflation which is the false statement.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “All prices rise evenly during periods of inflation and deflation. True or false ...” in 📙 Biology if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers