At Westonci.ca, we make it easy for you to get the answers you need from a community of knowledgeable individuals. Our Q&A platform provides quick and trustworthy answers to your questions from experienced professionals in different areas of expertise. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

define deflection of money and it causes​

Sagot :

Answer:

Explanation:

Deflation is when consumer and asset prices decrease over time, and purchasing power increases. Essentially, you can buy more goods or services tomorrow with the same amount of money. Compare this with inflation, which is the gradual increase in prices across the economy.