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Suppose that the Consumer Price Index for a particular economy changed from 220 to 228 in year 1, 228 to 230 in year 2, and

Suppose that the Consumer Price Index for a particular economy changed from 220 to 228 in year 1, 228 to 230 in year 2, and 230 to 225 in year 3. We could conclude that this economy is experiencing Multiple Choice deflation in year 1 and disinflation in years 2 and 3. deflation in year 1. cost-push inflation. disinflation in year 2 and deflation in year 3

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