Economics · Economic Terms
Consider the following pairs of economic terms and their descriptions: I. Disinflation: A slowdown in the pace at which prices are rising II. Deflation: A sustained decline in the general price level III. Reflation: A deliberate rise in prices during a phase of economic revival How many of the pairs given above are correctly matched?
- 1None of the pairs
- 2Only one pair
- 3Only two pairs
- 4All three pairs✓
Correct answer
All three pairs
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