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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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21. Revisiting Inflation, Unemployment, and Policy / Disinflation and Deflation / Problem 14
Problem 14
Which of the following best describes disinflation?
A
A reduction in the rate of inflation while still maintaining a positive inflation rate.
B
A decrease in the general price level of goods and services.
C
A situation where the inflation rate becomes negative.
D
An increase in the inflation rate over time.
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