difflation in a sentence
n.
📚 Grade Level: Grade 10, Grade 11, Grade 12
Definition
Diffation is the decrease in the overall price level of goods and services in an economy.
Sample Sentences
- Difflation refers to the decline in the general price level of goods and services in an economy.
- Many economists believe that sustained deflation can lead to reduced consumer spending and economic stagnation.
- In a deflationary environment, businesses may struggle to maintain profitability as prices continue to fall.
- Policymakers often implement monetary measures to combat deflation and stimulate economic growth.
- The effects of deflation can be particularly harsh on debtors, as the real value of their debts increases.