Bringing down inflation that has become embedded in expectations is called a. deflation

Chapter 0, Problem 5

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QUESTION:

Bringing down inflation that has become embedded in expectations is called a. deflation. b. negative inflation. c. anti-inflation. d. unexpected inflation. e. disinflation.

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QUESTION:

Bringing down inflation that has become embedded in expectations is called a. deflation. b. negative inflation. c. anti-inflation. d. unexpected inflation. e. disinflation.

ANSWER:

Step 1 of 6

When inflation turns its coat and works oppositely, then it is called disinflation, where the price level is falling.

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