The Process of Disinflation Can Involve Some Period of Increased

question 120

Multiple Choice

The process of disinflation can involve some period of increased inflation and reduced output.Economists refer to this as

• A)the sacrifice period.
• B)monetary validation.
• C)the recovery phase.
• D)an inflationary recession.
• E)stagflation.

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Definitions:

Accounts Receivable Period

The average number of days that a company takes to collect payment after a sale has been made, indicative of the business's efficiency in collecting its receivables.

COGS

Cost of Goods Sold; the direct costs attributable to the production of the goods sold in a company, including material and labor costs.

Cash Cycle

The cash cycle is the period between the purchase of inventory and the collection of receivables from the sale of that inventory.