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Use the drop-down menus to complete the statements. inflation is a measure of how prices . disinflation occurred . the inflation rate was about in 2014. overall, prices declined .

Sagot :

Inflation, Disinflation, and Deflation are related economic terms, as inflation measures price increase, Disinflation is inflation at a slower rate,  and the inflation rate in 2014 was 1.5%

What are Inflation, Disinflation, and Deflation?

Inflation is the goods and services price increase, Disinflation is the same as inflation but at a slower pace, and Deflation is a decrease in the price of goods and services.

  1. Inflation is measured by an increase in prices
  2. Disinflation occurs when inflation occurs at a slower pace in the short run. it occurred between the years 2008 and 2009.
  3. The inflation rate in 2014 was about 1.5% in the United States.
  4. In 2009 there was a decline in inflation.

Therefore, the above option aptly describes inflation, Disinflation, and Deflation.

Learn more about Inflation, Disinflation, and Deflation here:

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