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[Post New] 4 Mar 2009 18:40:13 IST
   Subject: Define Depression and Deflation
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Sukanya Mahapatra (0)

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Define Depression and Deflation
    
[Post New] 6 Mar 2009 15:27:55 IST
   Subject: Define Depression and Deflation
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Madhavi S (0)

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Depression- is the state of the economy in which men and machinery remain idle over a long period for want of sufficent demand.

Deflation- It refers to the reduction in the level of economic activity as a result of the falling prices or appreciation in the value of money.

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