The Gross Domestic Product (GDP) of Trelinberg, a South American

Multiple Choice

The gross domestic product (GDP) of Trelinberg, a South American nation, has been decreasing for the past eight years. The long period of consecutive decreases in the GDP has led to high unemployment rates in Trelinberg. In the given scenario, the economy of Trelinberg is most likely experiencing _____.

A) disinflation
B) a depression
C) a stagflation
D) hyperinflation