(Table) Briefly define the following terms: price level, inflation, disinflation, deflation, and hyperinflation. The following table shows some data on the price level for three years. 
Which term best describes the price change from Year 1 to Year 2? From Year 2 to Year 3? Why?
Definitions:
Span Of Control
The number of subordinates that a manager or supervisor can directly control or oversee effectively.
Manager
An individual responsible for directing and overseeing the work of a group of people in achieving specific objectives.
Hierarchy
A system in which members of an organization or society are ranked according to relative status or authority.
Mechanistic Structures
Organizational design frameworks characterized by hierarchical management, clear divisions of labor, and a high degree of formalization and centralization.
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