What macro-economic tools are available to avoid deflation

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Problem-

The Eurozone is currently concerned that it's below target inflation may become deflation. Why are they concerned? What macro-economic tools are available to avoid deflation but what are the possible side effects of these?

Additional Information-

The problem belongs to Economics and it is discusses about Eurozone current inflation becoming deflation. The causes for the concerns over the transformation and the macroeconomic tools available have been discussed.

Word limits- 2050

Reference no: EM13825083

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