Debt deflation is a. the effect of deflation in decreasing aggregate demand. b. an idea
Chapter 0, Problem 5(choose chapter or problem)
Debt deflation is a. the effect of deflation in decreasing aggregate demand. b. an idea proposed by Irving Fisher. c. a contributing factor in causing the Great Depression. d. due to differences in how borrowers/lenders respond to inflation losses/gains. e. all of the above.
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