A Sustained Decrease in the Price Level Is Known as

question 90

Multiple Choice

A sustained decrease in the price level is known as

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

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Definitions:

Benefit of Objectives

The advantage of having clear and defined goals which guide actions and decisions, improving focus and facilitating measurement of progress.

Long-Term Goals

Objectives or targets that are planned to be achieved over an extended period, typically over one year.

Strategic Planning

A methodical approach to imagining a preferred future, then converting this vision into general aims or targets and outlining a series of actions to reach these goals.

Operational Planning

The process of planning specific day-to-day activities and resources needed to achieve tactical objectives and support strategic goals of an organization.