3.

Did Canada experience deflation in the year ended March 2020?Canada _______ experience deflation in the year ended March 2020 because _______.

A.

did not; although the inflation rate was lower than the previous year, it was not negative

B.

did not; the CPI is an inaccurate measure of Canada's price level

C.

did; prices fell significantly

D.

did; aggregate demand decreased by more than short-run aggregate supply decreased

article link

https://www.cbc.ca/news/business/inflation-march-covid-1.5540801