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Anita Job is the new Treasury Secretary, and she is trying to interpret the inflation measures for two consecutive years. In year one, the aggregate price level increased by 11% and, in year two, the aggregate
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Anita Job is the new Treasury Secretary, and she is trying to interpret the inflation measures for two consecutive years. In year one, the aggregate price level increased by 11% and, in year two, the aggregate price level increased by 3% .

Which term describes the change in the price level from year one to year two?

A. hyperinflation
B. deflation
C. disinflation
D. conflation

User Vinalti
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6 votes
6 votes

Answer:

disinflation

Step-by-step explanation:

I'm like 99% sure I'm right

User Ying
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