When the Increase in Prices Goes from 5% to 2

question 245

Multiple Choice

When the increase in prices goes from 5% to 2%, this is referred to as:

• A) deflation.
• B) disinflation.
• C) inflation.
• D) hyperinflation.

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Definitions:

Chronological

Arranged in order of time, from the earliest to the latest event.

Organizational Pattern

The arrangement or structure of ideas or elements within a body of work, such as text, speech, or an organization, to ensure coherence and effectiveness.

Training Content

Material, information, and resources prepared and used for educating or instructing individuals in specific skills or knowledge areas.

Training Program

A structured course of activities designed to enhance skills, knowledge, and competency in a particular area.