What is deflation, Microeconomics

Assignment Help:

What is Deflation? 

Deflation in economics refers to reduce in the general price level, i.e. the nominal cost of goods and services as well as wages reduce. As, it is an opposite of inflation. 

 


Related Discussions:- What is deflation

Regional financial institutions, REGIONAL FINANCIAL INSTITUTIONS: You ...

REGIONAL FINANCIAL INSTITUTIONS: You have read about regional international trading blocs in Block 5 Course MEC 007 International Trade and Finance. This unit deals with regio

Define credit, Q. Define Credit? Credit:Ability to purchase something w...

Q. Define Credit? Credit:Ability to purchase something without immediately paying for it - through a credit card or bank loan, a mortgage or any other forms of credit. Creation

Lending capacity of cash, Assume the banking system contains: Total Rese...

Assume the banking system contains: Total Reserves                         $ 80 billion Transactions Deposited          $800 billion Cash held by public                 $1

Marginal revenue productivity theory, Problem 1: i) Distinguish betwee...

Problem 1: i) Distinguish between the different types of concentration measures. ii) Derive and explain the Dorfman and Steiner (1954) condition for optimal advertising.

Macroecnomics, in the case of a decline in velel of private investment spen...

in the case of a decline in velel of private investment spending, why the effect on equilibrium output exceeds the magnitude of the initial shock? also, what are the effects of th

Pure competition and efficiency, Allocative efficiency criteria are satisfi...

Allocative efficiency criteria are satisfied by the competitive model.  Because P = MC, in each market in the economy there is no over- or under- allocation of resources in this ec

Demand function, Demand Function The function capturing the dependent ...

Demand Function The function capturing the dependent relationship between the price people are willing to pay for products or service and other factors related to that product

Market Penetration, Market Penetration: Indian entrepreneurs have to ...

Market Penetration: Indian entrepreneurs have to constantly bear in mind the fast changing trade trends and re-orient their strategies to derive higher yields by way of large

What are the two types of government cash transfer programs, What are the t...

What are the two types of government cash transfer programs in the U.S., used to help households achieve income security?  Provide examples of each. The two kinds of government

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd