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Lyrx [107]
3 years ago
12

Imagine this scenario: the inflation rate has fallen from 4 percent to 1 percent. How would you label this change in price level

?
Social Studies
1 answer:
olga55 [171]3 years ago
8 0
If inflation rate fell to 4% and drops to 1%, there is a disinflation. It<span> happens when the inflation rate slows down and makes a decrease of product prices using the gross domestic product as the basis. </span>A deflation comes when it goes to 0%. 


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</span><span>
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