Chapter14: Aggregate Demand And Supply
Section: Chapter Questions
Problem 12SQ
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Q 15
![A sustained decrease in the price level is known as:
Select one:
a. reflation.
b. deflation.
c. inflation.
d. disinflation.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa85cf749-86e8-4f69-9b06-f0d1db5507f4%2F0399d3a3-875b-4a33-9bc4-4bea08142e66%2Fp8nqwv_processed.png&w=3840&q=75)
Transcribed Image Text:A sustained decrease in the price level is known as:
Select one:
a. reflation.
b. deflation.
c. inflation.
d. disinflation.
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