Home » Economics » The situation in which there is persistent fall in the general price level is referred…The situation in which there is persistent fall in the general price level is referred… The situation in which there is persistent fall in the general price level is referred to as A. devaluation B. depreciation C. deflation D. inflation Correct Answer: Option C Explanation Related Posts A sustained increase in the production of goods and service in a country is called… which of the following categories of people do not gain during inflation? As a producer’ association, the OPEC expects its members to maintain production where marginal cost… The international cartel formed to stabilize the world oil market is the Petro-chemicals industries are located in River State of Nigeria due to the presence of The most important limitation on the partner as a form of business enterprise is the?
