Economic Awareness - Sectors of Indian Economy
Which of the following statements is TRUE regarding deflation and disinflation?
Which of the following statements is TRUE regarding deflation and disinflation?
easy Q13 of 15
Step-by-Step Solution
Step 1: Understand definitions
Deflation is continuous price fall; disinflation is slowing inflation rate but prices still rise.Step 2: Evaluate options
Only the option correctly distinguishing deflation as price fall and disinflation as slower inflation rate is true.Final Answer:
Deflation means prices fall continuously; disinflation means inflation rate slows but prices still rise → Option CQuick Check:
Deflation = price fall; Disinflation = slower inflation rate ✅
Quick Trick: Remember: Deflation = Down, Disinflation = Decreasing rate.
Common Mistakes:
- Confusing deflation with disinflation or vice versa.
Master "Sectors of Indian Economy" in Economic Awareness
Start learning the concept with an interactive lesson.
Want More Practice?
15+ quiz questions · All difficulty levels · Free
Free Signup - Practice All QuestionsMore Economic Awareness Quizzes