How are prices in canadian economy

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How are prices in the Canadian economy behaving if it is reported that deflation is occurring? Prices have been steadily falling to the point where the Consumer Price Index is negative.

Prices are falling but inflationary pressures remain in the economy Prices are rising but at a slower rate than has been recorded in earlier periods Prices are rising but higher interest rates are causing economic growth to slow.

Reference no: EM133637389

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