________ is a condition in which the average level of prices is actually falling.
A) Deflation
B) Disinflation
C) Stagflation
D) Uniflation

Question

Quizplus · Accepted Answer

Deflation is a condition in which the average level of prices of goods and services is actually falling, whereas disinflation is a condition in which the rate of inflation is decreasing, but prices are still rising. Stagflation is a condition of slow economic growth, high unemployment, and inflation, while uniflation is not a recognized economic term.

________ Is a Condition in Which the Average Level of Prices