Economics > 2001 > 35
WASSCE
The situation in which there is a persistent fall in the general price level is referred to as?
A.
Devaluation
B.
Depreciation
C.
Deflation
D.
Inflation
Answer: C
To see detailed solution to this question and thousands of other questions offline, download TestDriller SSCE. Practice rigorously for WASSCE, enjoy educational games, get chief examiners' reports, summary of WAEC literature books, compete with your peers, win prizes and more.
09037778195