Practice Exam Questions
Policies to Avoid Deflation MCQ Revision Question
- AS, A-Level, IB
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 21 Mar 2021
Here is an answer to a multiple choice question on deflation in the Swedish economy.
Deflation is a sustained fall in the general price level. The right answer to the question provides a combination of both expansionary fiscal and monetary policy in a bid to raise the level of aggregate demand and help (over time) restore price stability.
You might also like
Quizzes & Activities