What causes deflation?

A. There's more money around but its worth less and the prices rise.

B. The value of the dollar does not change.

C. There's less money in circulation; there are plenty of goods but no demand and prices drop.

D. People have less income.

Question

Eric Pollard

5 July, 16:18

+2

Answers (2)

Know the Answer?

Emery · Answer 1

The answer is c because money loses value when there is so much of it

Jarrett Pennington · Answer 2

Jarrett Pennington 5 July, 18:32

0

The correct answer is C

What causes deflation?A. There's more money around but its worth less and the prices rise.B. The value of the dollar does not change.C. There's less money in circulation; there are plenty of goods but no demand and prices drop.D. People have less income.