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21. Revisiting Inflation, Unemployment, and Policy
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Problem 15
21. Revisiting Inflation, Unemployment, and Policy
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20. Tradeoffs Between Inflation and Unemployment / Disinflation and Deflation / Problem 15
Problem 15
In a country where the inflation rate decreased from 7% to 2% over five years, what economic phenomenon is being observed?
A
Disinflation
B
Hyperinflation
C
Stagflation
D
Deflation
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