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A period when the buying power of money increases, as in the 1930s, is called:

AIndexation
BDeflation
CInflation
DStagnation
Answer & Solution
Correct answer: B. Deflation
1. Prices fall instead of rising. 2. That is deflation. 3. It also followed the 1920-21 recession. _Source: OpenStax Principles of Macroeconomics for AP Courses 2e, Chapter 8, Inflation (CC BY 4.0)._
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