A Sustained Decrease in the Average of All Prices of Goods

question 178

Multiple Choice

A sustained decrease in the average of all prices of goods and services in the economy is known as

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

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Definitions:

Swell with Water

A phenomenon where materials absorb water and increase in volume.

Marasmus

A form of severe malnutrition characterized by energy deficiency, often seen in children, leading to significant weight loss and muscle wasting.

Severe Malnutrition

Severe malnutrition is a critical condition resulting from inadequate intake of nutrients, leading to significant health problems or death.

Infant

A very young child or baby, typically under one year of age, experiencing rapid growth and development across various domains.