What is the term used to describe a situation where inflation is very low or negative? a) Deflation b) Hyperinflation c) Stagflation d) Disinflation

Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter14: Money And The Economy
Section: Chapter Questions
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What is the term used to describe a
situation where inflation is very low or
negative?
a) Deflation
b) Hyperinflation
c) Stagflation
d) Disinflation
Which of the following is a policy tool
used to combat demand-pull inflation?
a) Contractionary fiscal policy
b) Expansionary monetary policy
Transcribed Image Text:What is the term used to describe a situation where inflation is very low or negative? a) Deflation b) Hyperinflation c) Stagflation d) Disinflation Which of the following is a policy tool used to combat demand-pull inflation? a) Contractionary fiscal policy b) Expansionary monetary policy
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