what is Inflation and disinflation.
Answers
Disinflation is a decrease in the rate of inflation – a slowdown in the rate of increase of the general price level of goods and services in a nation's gross domestic product over time. ... Disinflation occurs when the increase in the “consumer price level” slows down from the previous period when the prices were rising.
Inflation is a quantitative measure of the rate at which the average price level of a basket of selected goods and services in an economy increases over a period of time. ... Often expressed as a percentage, inflation indicates a decrease in the purchasing power of a nation's currency.
Answer:
Disinflation is a decrease in the rate of inflation – a slowdown in the rate of increase of the general price level of goods and services in a nation's gross domestic product over time. ... Disinflation occurs when the increase in the “consumer price level” slows down from the previous period when the prices were rising.
