Question 47

Negative inflation is also called:

Solution

Negative inflation is also called deflation.

Deflation is when consumer and asset prices decrease over time, and purchasing power increases. Essentially, you can buy more goods or services tomorrow with the same amount of money you have today.

Hence, option B is the correct answer.

Your Doubts

Ask a Doubt (know more)

Drop Your File Here!

** You can Drag and Drop an Image in the above textarea
add image

Create a FREE account and get:

  • All Quant Formulas and shortcuts PDF
  • 170+ previous papers with solutions PDF
  • Top 5000+ MBA exam Solved Questions for Free

cracku

Boost your Prep!

Download App