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QWhat do you understand by the term "deflation"?

ID: #19395 Pakistan Economy 75 views
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Pakistan EconomyTopic
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  • A Excess circulation of money, causing dearness of goods ✔ ✖
  • B Increase in interest rates diverts money into savings and reduce circulation of money causing prices to fall. ✔ ✖
  • C Devaluation of local currency to the larger extend. ✔ ✖
  • D Decline in remittances from abroad, causing economic hardships for the Government ✔ ✖
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Increase in interest rates diverts money into savings and reduce circulation of money causing prices to fall.
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