1) the process of curing inflation by reducing money supply is called
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1) the process of curing inflation by reducing money supply is called
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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.