Which of the following defines the term disinflation?
A sustained decrease in the average price level of an economy over time
A period of negative economic growth accompanied by rising inflation
A reduction in the rate of inflation, meaning prices are rising at a slower pace
A contraction in the money supply leading to a reduction in aggregate demand
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.