Read the following scenario and write a 1-2 page summary based on the prompts that follow.
The topic of many economists today is inflation. However, there is an opposite effect called deflation. Identify the inflation rate of three countries. Also, identify a county or situation where deflation occurred.
Based on the above listed scenario:
• Describe each of the countries investigated.
• Illustrate each of the country's inflation rates.
• Are any of these countries hyperinflationary?
• Properly describe the deflationary instance.
• Provide a minimum of four sources.
• Paper is formatted and cited using APA formatting style.