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A slowdown in the rate of increase in price level is called * O disinflation O hyperinflation O deflation O a recession O inflationary expectations
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A slowdown in the rate of increase in price level is called * O disinflation O hyperinflation O deflation O a recession O inflationary expectations
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Jul 23, 2023
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A slowdown in the rate of increase in price level is called *
O disinflation
O hyperinflation
O deflation
O a recession
O inflationary expectations
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Disinflation, because it’s a decrease in the rate of inflation a slowdown in the rate of increase of the general price level of goods and services in a nation's gross domestic product over time. It is the opposite of reflation.
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