Get the answers you've been looking for with the help of IDNLearn.com's expert community. Our experts are ready to provide prompt and detailed answers to any questions you may have.

Question 1
Which type of inflation occurs when prices are high, then drop due to lower demand, and then are restored to a previous high level?

A. inflation
B. hyperinflation
C. reflation
D. disinflation

Question 2
1 pt


Sagot :

Final answer:

Reflation is the type of inflation where prices initially drop due to lower demand but are later restored to a previous high level.


Explanation:

Reflation is the type of inflation that occurs when prices are high, then drop due to lower demand, and are restored to a previous high level. It is essentially the process of bringing the economy back to a previous price level after a period of decrease in prices.


Learn more about Inflation here:

https://brainly.com/question/41962149