Deflation is good news to

A) both consumers and retailers.
B) neither consumers nor retailers.
C) consumers,but not retailers.
D) retailers,but not consumers.

Deflation refers to a decrease in the general level of prices of goods and services, meaning consumers would be able to purchase goods and services at a lower cost. This is good news for consumers as their purchasing power increases, and they are able to buy more with the same amount of money. On the other hand, deflation can be harmful to retailers as their revenues decrease when prices fall, and they may struggle to cover their costs and make a profit.