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Deflation: Economic Significance, Current Risk, and Policy Responses

By Craig K. Elwell


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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