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Deflation is a great economic problem because __________. Hint: in deflationary periods, such as during the Great Depression in the 1930s, not only prices, but
Deflation is a great economic problem because __________. Hint: in deflationary periods, such as during the Great Depression in the 1930s, not only prices, but wages, fall. Question 10 options:
A) people have difficulty paying back their debts.
B) firms have a difficult time selling their goods and services.
C) Social Security costs rise very fast.
D) consumers cannot afford to maintain their usual lifestyles.
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