Economics · Deflation
What is deflation in an economy?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1A sudden sharp increase in the country's national debt
- 2An increase in the value of money accompanied by a rise in employment
- 3A persistent decrease in the general price level of goods and services✓
- 4A persistent rise in the general price level of goods and services
Correct answer
A persistent decrease in the general price level of goods and services
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Deflation MCQs →Want more practice questions on Deflation?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Deflation