If the Inflation Rate Decreases from 5% to 3%, the Economy

question 170

Multiple Choice

If the inflation rate decreases from 5% to 3%, the economy is undergoing

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

---

Definitions:

Technology

The application of scientific knowledge for practical purposes, especially in industry, including the invention and use of technical means and their interrelation with life, society, and the environment.

Political Biases

Preconceived notions or predispositions toward specific political parties, ideologies, or policy decisions, often resulting in a lack of impartial judgment.

Sociologist

A social scientist who studies the behaviors, structures, and functions of societies and social groups.

Uncritically Accept

To accept or believe something without questioning or examining it critically.