Which of the following is the correct definition of disinflation?
A sustained decrease in the general price level of an economy
A fall in the rate of inflation, where prices are still rising but at a slower rate
A period of high inflation combined with high unemployment and stagnant demand
An extremely rapid or out-of-control increase in the general price level
77 exam-style questions on OCR A Level Economics Inflation. Each one has a worked solution and a mark scheme showing where the marks go.