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Feb 09, 2019 isolated commodity deflation, such as the plunging price of crude oil seen in 2015, grabbed headlines globally because of the huge political and economic impact seen in commodity exporting nations. Deflation learn about the causes and effects of deflation. The coursebook helps students apply tools of economic analysis, make judgements on economic issues, use basic economic numeracy and literacy, and take greater part in decisionmaking processes in everyday life. Price deflation happens when the rate of inflation becomes negative. Each of the 52 units deals with a specific topic in a lucid and pertinent manner. Complete economics for cambridge igcse and o level.
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