Multiple Choice
What is the difference between deflation and disinflation?
A) Deflation is used in microeconomics, whereas disinflation is used in macroeconomics.
B) Deflation refers to changes in expected inflation, while disinflation refers to changes in the actual rate of inflation.
C) Deflation refers to a decrease in the overall price level, or negative inflation, while disinflation simply refers to a decrease in the inflation rate.
D) There is no difference between these two concepts; they are synonyms.
Correct Answer:
Verified
Correct Answer:
Verified
Q18: If government spending decreases, the long-run income
Q42: Explain what effect a monetary policy designed
Q57: Real business cycle theories emphasize price shocks.
Q69: According to the economic fluctuations model, what
Q75: Suppose government purchases have decreased and the
Q116: Disinflation most likely occurs when<br>A)output grows at
Q123: The long-run income effect (the effect of
Q126: The long-run effects of an increase in
Q147: The housing bubble and bust was partly
Q148: Exhibit 25-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 25-1