2 thoughts on “1) the process of curing inflation by reducing money supply is called”
Answer:
Inflation is an economic situation where the general price level in the economy for all the relevant goods has a constant appreciable rise over a period of time. Therefore, disinflation refers to the process of curing inflation by reducing the money supply in the economy.
Inflation is an economic situation where the general price level in the economy for all the relevant goods has a constant appreciable rise over a period of time. Therefore, disinflation refers to the process of curing inflation by reducing the money supply in the economy.
Answer:
Inflation is an economic situation where the general price level in the economy for all the relevant goods has a constant appreciable rise over a period of time. Therefore, disinflation refers to the process of curing inflation by reducing the money supply in the economy.
Explanation:
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Answer:
Infaltion
Inflation is an economic situation where the general price level in the economy for all the relevant goods has a constant appreciable rise over a period of time. Therefore, disinflation refers to the process of curing inflation by reducing the money supply in the economy.