A reduction in the rate of inflation is referred to as

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Disinflation refers to a reduction in the rate of inflation. It means that while prices are still increasing, they are increasing at a slower rate than before. Unemployment refers to the percentage of people who do not have jobs, while recession refers to a period of economic decline characterized by decreased economic activity, which may include rising unemployment, lower GDP, and lower consumer spending. Deflation refers to a situation where prices of goods and services are decreasing.

A Reduction in the Rate of Inflation Is Referred to as