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Which of the following statements is an appropriate description of deflation?a)It is a sudden fall in the value of one currency against other currenciesb)It is a continuous recession in both the financial and real sectors of the economyc)It is a continuous fall in the general price level of goods and servicesd)It is There is a fall in the rate of inflation over a period of timee)None of the above/More than one of the aboveCorrect answer is option 'C'. Can you explain this answer? for BPSC (Bihar) 2024 is part of BPSC (Bihar) preparation. The Question and answers have been prepared according to the BPSC (Bihar) exam syllabus. Information about Which of the following statements is an appropriate description of deflation?a)It is a sudden fall in the value of one currency against other currenciesb)It is a continuous recession in both the financial and real sectors of the economyc)It is a continuous fall in the general price level of goods and servicesd)It is There is a fall in the rate of inflation over a period of timee)None of the above/More than one of the aboveCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for BPSC (Bihar) 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements is an appropriate description of deflation?a)It is a sudden fall in the value of one currency against other currenciesb)It is a continuous recession in both the financial and real sectors of the economyc)It is a continuous fall in the general price level of goods and servicesd)It is There is a fall in the rate of inflation over a period of timee)None of the above/More than one of the aboveCorrect answer is option 'C'. Can you explain this answer?.

Solutions for Which of the following statements is an appropriate description of deflation?a)It is a sudden fall in the value of one currency against other currenciesb)It is a continuous recession in both the financial and real sectors of the economyc)It is a continuous fall in the general price level of goods and servicesd)It is There is a fall in the rate of inflation over a period of timee)None of the above/More than one of the aboveCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for BPSC (Bihar). Download more important topics, notes, lectures and mock test series for BPSC (Bihar) Exam by signing up for free.

Here you can find the meaning of Which of the following statements is an appropriate description of deflation?a)It is a sudden fall in the value of one currency against other currenciesb)It is a continuous recession in both the financial and real sectors of the economyc)It is a continuous fall in the general price level of goods and servicesd)It is There is a fall in the rate of inflation over a period of timee)None of the above/More than one of the aboveCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Which of the following statements is an appropriate description of deflation?a)It is a sudden fall in the value of one currency against other currenciesb)It is a continuous recession in both the financial and real sectors of the economyc)It is a continuous fall in the general price level of goods and servicesd)It is There is a fall in the rate of inflation over a period of timee)None of the above/More than one of the aboveCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Which of the following statements is an appropriate description of deflation?a)It is a sudden fall in the value of one currency against other currenciesb)It is a continuous recession in both the financial and real sectors of the economyc)It is a continuous fall in the general price level of goods and servicesd)It is There is a fall in the rate of inflation over a period of timee)None of the above/More than one of the aboveCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Which of the following statements is an appropriate description of deflation?a)It is a sudden fall in the value of one currency against other currenciesb)It is a continuous recession in both the financial and real sectors of the economyc)It is a continuous fall in the general price level of goods and servicesd)It is There is a fall in the rate of inflation over a period of timee)None of the above/More than one of the aboveCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Which of the following statements is an appropriate description of deflation?a)It is a sudden fall in the value of one currency against other currenciesb)It is a continuous recession in both the financial and real sectors of the economyc)It is a continuous fall in the general price level of goods and servicesd)It is There is a fall in the rate of inflation over a period of timee)None of the above/More than one of the aboveCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice BPSC (Bihar) tests.