jaycegp5 jaycegp5

13-06-2024
Business

Answered

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

Answer :

GinnyAnswer GinnyAnswer

13-06-2024

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

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