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    Exam 4: Goals and Problems of the Macroeconomy: Employment, Prices and Production
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    Over a Three Year Period, Prices in an Economy Increased
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Over a Three Year Period, Prices in an Economy Increased

Question 87

Question 87

Multiple Choice

Over a three year period, prices in an economy increased by 5 percent, then 4 percent, and then 3 percent. This price movement is an example of:


A) deflation.
B) reinflation.
C) disinflation.
D) retroinflation.

Correct Answer:

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