What do you mean by the term 'deflation"?
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What do you mean by the term 'deflation"?
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It is the opposite of inflate.
To remove the air by some means.
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Definition: When the overall price level decreases so that inflation rate becomes negative, it is called deflation. It is the opposite of the often-encountered inflation. Description: A reduction in money supply or credit availability is the reason for deflation in most cases.
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