Asked by
Dedtrick Jones
on Oct 13, 2024Verified
There was substantial disinflation during
A) most of the 1960s.
B) the late 1970s.
C) the early 1980s.
D) the late 1980s.
Disinflation
A reduction in the rate of inflation; a slowdown in the rate at which prices increase.
1960s
A decade of significant cultural, political, and technological change, marked by movements for civil rights, space exploration, and the emergence of counterculture.
1970s
A decade characterized by various global events, including economic changes, political realignments, and significant cultural evolution.
- Differentiate between disinflation, deflation, and inflation and their economic implications.
Verified Answer
SB
Learning Objectives
- Differentiate between disinflation, deflation, and inflation and their economic implications.