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If the price index in a country in the beginning of 20X1 was 94.56 and one year later it was calculated as 92.35, then: Group

If the price index in a country in the beginning of 20X1 was 94.56 and one year later it was calculated as 92.35, then:

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A. this economy experienced disinflation.

B. this economy is likely contracting.

C. prices of all goods and services fell during 20X2.

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