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Deflation: Economic Significance, Current Risk, and Policy Responses

By Craig K. Elwell

Abstract

Despite the severity of the recent financial crisis and recession, the U.S. economy has so far avoided falling into a deflationary spiral. This report discusses the current risk of deflation in the U.S. and relevant policy responses

Topics: Economic policy, Deflation, Prices, Macroeconomics
Publisher: Library of Congress. Congressional Research Service.
Year: 2010
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Provided by: UNT Digital Library
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