Which of the Following Terms Refers to a Decrease in Price

question 39

Multiple Choice

Which of the following terms refers to a decrease in price levels?

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

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Definitions:

Expect

To regard something as likely to happen based on available evidence or logical supposition.

Expected Value

The average outcome of a random event when considering all possible outcomes and their probabilities.

Probabilities

Measures of the likelihood or chance that a particular event will occur, expressed as a number between 0 (impossible) and 1 (certain).

Voice-Activated

Describes technology that allows devices to be controlled or operated through voice commands, typically involving a virtual assistant.