From a macroeconomic perspective, deflation is caused by a shift in the demand (investment and saving equilibrium) and supply (liquidity preference and money supply equilibrium) curves for final goods and services and a decline in the aggregate demand ( gross domestic product ), which monetary policy can impact and alter.
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Source:www.msn.com
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Source:www.msn.com
Posted: 2024-10-17 07:39:00