At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Join our Q&A platform to get precise answers from experts in diverse fields and enhance your understanding. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

Question 1
Which type of inflation occurs when prices are high, then drop due to lower demand, and then are restored to a previous high level?

A. inflation
B. hyperinflation
C. reflation
D. disinflation

Question 2
1 pt


Sagot :

Final answer:

Reflation is the type of inflation where prices initially drop due to lower demand but are later restored to a previous high level.


Explanation:

Reflation is the type of inflation that occurs when prices are high, then drop due to lower demand, and are restored to a previous high level. It is essentially the process of bringing the economy back to a previous price level after a period of decrease in prices.


Learn more about Inflation here:

https://brainly.com/question/41962149