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Deflation is likely to occur when:a)The economy is experiencing high levels of unemploymentb)The central bank increases the money supplyc)There is a decrease in aggregate demandd)There is an increase in government spendingCorrect answer is option 'C'. Can you explain this answer? for JAMB 2025 is part of JAMB preparation. The Question and answers have been prepared according to the JAMB exam syllabus. Information about Deflation is likely to occur when:a)The economy is experiencing high levels of unemploymentb)The central bank increases the money supplyc)There is a decrease in aggregate demandd)There is an increase in government spendingCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for JAMB 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Deflation is likely to occur when:a)The economy is experiencing high levels of unemploymentb)The central bank increases the money supplyc)There is a decrease in aggregate demandd)There is an increase in government spendingCorrect answer is option 'C'. Can you explain this answer?.

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