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Bringing down inflation that has become embedded in expectations is called a. deflation
Chapter 0, Problem 5(choose chapter or problem)
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.
Questions & Answers
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.