Nathalie Warner

History

21 January, 10:41

Which statement accurately describes the economic term deflation?

A. Stock market shares lose all their value as the economy slides into a deep recession.

B. There is a general upsurge in the economy as more money pours into the marketplace.

C. High unemployment results in lower interest rates for consumer savings accounts.

D. There is less money in circulation, leading to lower prices and reduced demand for goods.