When the price level of an economy is ________, ________ is occurring.

When the price level of an economy is ________, ________ is occurring. Conversely, when the price level is ________, ________ is occurring.

A) rising, deflation, falling, inflation
B) rising, inflation, falling, deflation
C) falling, inflation, rising, deflation
D) falling, deflation, rising, deflation

 

 

ANSWER

Answer: B

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