Inflation, Disinflation, and Deflation are related economic terms, as inflation measures price increase, Disinflation is inflation at a slower rate, and the inflation rate in 2014 was 1.5%
<h3>What are Inflation, Disinflation, and Deflation?</h3>
Inflation is the goods and services price increase, Disinflation is the same as inflation but at a slower pace, and Deflation is a decrease in the price of goods and services.
- Inflation is measured by an increase in prices
- Disinflation occurs when inflation occurs at a slower pace in the short run. it occurred between the years 2008 and 2009.
- The inflation rate in 2014 was about 1.5% in the United States.
- In 2009 there was a decline in inflation.
Therefore, the above option aptly describes inflation, Disinflation, and Deflation.
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Answer:
A. True
Explanation:
As with the increasing modernization the technologies are increasing, which makes it easy to produce what a human desires.
As it is increasing day by day, and the technologies are easily accessible, by many people , there aren't much human interference involved in this. Not much of the efforts of humans are involved. Accordingly, the humans do not carry the old culture and art in such production or manufacturing the products.
Also the marketing in these days is comparatively quite easy, as with the access of internet by huge population.
These things make the efforts of people and manufacturers less attractive and visible.
