Deflation is..

Elementary Linear Algebra (MindTap Course List)
8th Edition
ISBN:9781305658004
Author:Ron Larson
Publisher:Ron Larson
Chapter2: Matrices
Section2.5: Markov Chain
Problem 36E: Customer Preference Two movie theatres that show several different movies each night compete for the...
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Deflation is..
bad for the economy because
people won't buy things
because they will keep waiting
for the price to go down
further
good for the economy
because everything is
cheaper so more people
can buy things
bad for the economy
because everything is
too expensive
good for the economy
because when prices go up,
people have to plan for their
needs and wants better
Music off
Transcribed Image Text:Deflation is.. bad for the economy because people won't buy things because they will keep waiting for the price to go down further good for the economy because everything is cheaper so more people can buy things bad for the economy because everything is too expensive good for the economy because when prices go up, people have to plan for their needs and wants better Music off
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