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Explaining Price Deflation - Causes, Effects and Policies

Level:
A-Level
Board:
AQA, Edexcel, IB, OCR

Last updated 3 Jul 2018

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What is price deflation?

Price deflation happens when the rate of inflation becomes negative. I.e. the general price level is falling and the purchasing power of say £1,000 in cash is increasing

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MCQ policies to avoid deflation - revision video
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