Inflation Flashcards
1
Q
What’s the rate of inflation measured by
A
Annual % change in consumer prices
2
Q
Deflation
A
fall in the general level of prices
3
Q
Disinflation
A
Slowed inflation
4
Q
Hyperinflation
A
An out of control inflation
5
Q
Stagflation
A
High inflation combined with bad economic growth
6
Q
Inflation
A
Sustained increase in the general price level leading to a fall in the purchasing power of money
