Economics A Level (DONEEEEEEE): What is
1. Deflation
2. Hyperinflation
3. Disinflation

Question

What is 
1. Deflation
2. Hyperinflation 
3. Disinflation

go kys · Accepted Answer

1. Deflation is when the Average Prices of Goods are Falling 
2. When Prices shoot up Rapidly, and the Currency loses its Value [PP Plummets]
3. When the rate of Inflation is slowing down. Prices are still Rising, but just at a Slower Rate.

Economics A Level (DONEEEEEEE)

What is 1. Deflation 2. Hyperinflation 3. Disinflation

1. Deflation is when the Average Prices of Goods are Falling 2. When Prices shoot up Rapidly, and the Currency loses its Value [PP Plummets] 3. When the rate of Inflation is slowing down. Prices are still Rising, but just at a Slower Rate.

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