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What is meant by deflation? #انكماش #تعلم_واكسب
Key ideas
Deflation describes a decrease in prices, which can increase the purchasing power of your money. It may lead to goods and services being available at more affordable prices, and allows for increased savings.
Although deflation is often seen as a positive thing, its persistence can negatively impact the economy. If not managed well, deflation can lead to increased unemployment and slow economic growth.
Key ideas
Deflation describes a decrease in prices, which can increase the purchasing power of your money. It may lead to goods and services being available at more affordable prices, and allows for increased savings.
Although deflation is often seen as a positive thing, its persistence can negatively impact the economy. If not managed well, deflation can lead to increased unemployment and slow economic growth.
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