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    Macroeconomics Principles
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    Exam 6: Measuring Inflation and Unemployment
  5. Question
    If the Cost of a Typical Market Basket Is 400
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If the Cost of a Typical Market Basket Is 400

Question 75

Question 75

Multiple Choice

If the cost of a typical market basket is 400 in 2018, 410 in 2019, and 405 in 2020, then during this period the economy is undergoing:


A) inflation.
B) disinflation.
C) deflation.
D) hyperinflation.

Correct Answer:

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