Economics 2281 · O Level · Inflation and deflation

Inflation and deflation — practice question

The graph illustrates movements in the average price level. At what time did the country experience deflation?

  • Ayear 2 to year 5
  • Byear 2 to year 3
  • Cyear 2 to year 4
  • Dyear 4 to year 5

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