Under which of the following prices are generally falling?

Demand pull inflation

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Cost pull inflation

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Stagflation

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Deflation

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Solution

The correct option is D Deflation
Deflation refers to an economic situation where the general price level in the economy constantly falls for all the relevant goods and services over a considerable period of time as a result of some changes in the production of the real output of such goods and services.

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Transpiration pull will be maximum under which of the following conditions?

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