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4.6.1 definition of inflation, deflation and disinflation
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Three Changes in the Price Level

Three Changes in the Price Level

Inflation is a sustained rise in the general price level, which reduces the purchasing power of money. Deflation is a sustained fall in the general price level.

4.6.1 definition of inflation, deflation and disinflation Lesson

  1. Intl A Level
  2. /Economics
  3. /4.6.1 definition of inflation, deflation and disinflation

Step-by-step lessons on CIE Intl A Level Economics 4.6.1 definition of inflation, deflation and disinflation. Each one builds up to exam-style questions.