What is likely to happen when a country is experiencing deflation?
A.
Consumers delay spending.
B.
Governments raise interest rates.
C.
The level of imports increases.
D.
The real value of money falls.
Exam No：0455_s21_qp_12 Year：2021 Question No：20
Answer:
A
Knowledge points:
4.8.4 consequences of inflation and deflation : consumers, workers, savers, lenders, firms and the economy as a whole.
Solution:
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