economics easy Fill in the Blank

Deflation is a ___ in general price level.

  1. Pareto Efficiency (or Pareto Optimality)
  2. InvITs (or Infrastructure Investment Trusts)
  3. arbitrage (or resale)
  4. sustained decrease

Answer: sustained decrease

The exact opposite phenomenon of inflation.

Topic Macroeconomics
Exam Relevance SSC, UPSC
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