Multiple Choice
Disinflation is a
A) reduction in the price level,whereas deflation is a reduction in the rate of inflation.
B) reduction in the rate of inflation,whereas deflation is a reduction in the price level.
C) slow reduction in the price level,whereas deflation is a rapid reduction in the price level.
D) rapid reduction in the price level,whereas deflation is a slow reduction in the price level.
Correct Answer:
Verified
Correct Answer:
Verified
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