Economics · Economy
Which of the following is an appropriate description of disinflation?
- 1It i s a steep increase in the price level of export i tems.
- 2It is a persistent fall in the general price level of goods and services.
- 3It is a sudden fall in the value of a currency against other currencies.
- 4It is a slowdown in the rate of increase of the general price level of goods and services.✓
Correct answer
It is a slowdown in the rate of increase of the general price level of goods and services.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length Economics mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Economy?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economy