Multiple Choice
What is disinflation?
A) A period in which inflation is rising but at a rate of increase that is declining.
B) A period in which the absolute level of prices declines.
C) A period in which inflation is declining but at a rate of decline that is increasing.
D) A period in which the absolute level of prices increases.
E) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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