The situation in which there is persistent fall in the general price level is referred to as? by Sunday | May 26 | Economics WAEC | 0 comments A. devaluation B. depreciation C. deflation D. inflation Correct Answer: Option C C. deflation Users Also Read These:A diver steps off a diving platform that is 10m…A continuous fall in the general price level is called?Which of the following best explain an inflationary…Persistent fail In the general price level Is known as?What will be the reaction of consumers in a market…