A reduction in the rate of inflation is called:
A) reversing course.
B) Volcker's regret.
C) disinflation.
D) deflation.

Question

Quizplus · Accepted Answer

Disinflation refers to a reduction in the rate of inflation, without a decrease in the actual price levels. It is different from deflation where there is a decrease in the price levels. "Reversing course" and "Volcker's regret" are not commonly used terms in economics.

A Reduction in the Rate of Inflation Is Called