deflation
DefinitionA decline in general price levels, often caused by a reduction in the supply of money or credit. Deflation can also be brought about by direct contractions in spending, either in the form of a reduction in government spending, personal spending or investment spending. Deflation has often had the side effect of increasing unemployment in an economy, since the process often leads to a lower level of demand in the economy. opposite of inflation.
This content can be found on the following page:
deflation is ...
... part of the Economy subject.
... part of the Economy subject.
Related Terms
price stability
deflation appears in the definitions of these other terms on BusinessDictionary.com
Loading...
Featured Sponsor
| |







