| Consider the following regarding disinflation: |
| 1. It refers to a process of bringing down prices moderately from their high level without any adverse impact on production and employment. |
| 2. Disinflation is an anti-inflationary measure. |
| Choose the correct one: |
A) Only 1
B) Only 2
C) Both 1 and 2
D) neither 1 nor 2
Correct Answer: C
Solution :
[c] Deflation is a decrease in general price levels of throughout an economy. Disinflation, on the other hand, shows the rate of change of inflation over time.
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