It is 2023. Sweden has a meeting in which they discuss the future of the economy with representatives from workers, firms and the government. They are concerned about weak economic conditions in Sweden, the government negotiates with all of Sweden's major employers and unions in the country to reduce all nominal wages by 10%. 2. Assume the target inflation rate in Sweden was 2% and this policy by the Swedish government described above leads to a decline in inflation to zero percent. They fear the actual average level of prices in the economy might decrease from last year. The term for the price level actually falling is: _____________. The Swedish Central Bank is looking to intervene given it is very worried about missing Sweden's inflation target