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Which one of the following is true about deflation? a. It precedes periods of high Q investment. b. It is a period of decreases in

Which one of the following is true about deflation? a. It precedes periods of high Q investment. b. It is a period of decreases in the O general price level. c. It occurs whenever an inflationary gap O gets large enough. d. It is associated with stagflation. O

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