what is deflation?\n○ a general decrease in interest rates\n○ a general decrease in prices\n○ a general…

what is deflation?\n○ a general decrease in interest rates\n○ a general decrease in prices\n○ a general increase in interest rates\n○ a general increase in prices

what is deflation?\n○ a general decrease in interest rates\n○ a general decrease in prices\n○ a general increase in interest rates\n○ a general increase in prices

Answer

Brief Explanations:

Deflation is defined as a general decrease in the price - level of goods and services in an economy over a period of time. It is the opposite of inflation which is a general increase in prices. Interest rate changes are not the definition of deflation.

Answer:

a general decrease in prices