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Iift 2009 Question 47

This is a detailed step-by-step solution for Iift 2009 Question 47. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.

IIFT 2009

Negative inflation is also called deflation.
Deflation is when consumer and asset prices decrease over time, and purchasing power increases. Essentially, you can buy more goods or services tomorrow with the same amount of money you have today.
Hence, option B is the correct answer.

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