Home › AP Macroeconomics › Economics › Inflation › A few months in 2009 are described as having been:
A few months in 2009 are described as having been:
AVery unstable
BDeflationary
CInflationary
DStable prices
Answer & Solution
Correct answer: B. Deflationary
1. Prices do occasionally fall, even in modern economies.
2. Inflation is when most prices in an entire economy are rising.
3. There were a few months in 2009 that were deflationary.
4. They were not deflationary at an annual rate.
_Source: OpenStax Principles of Macroeconomics for AP Courses 2e (CC BY 4.0), Ch 8 'Inflation'_
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