Assume contractionary monetary policies have had the effect of lowering inflation rates from a 6% annual rate down to 2%. What do economists call this drop in inflation? O a. Deflation. O b. Inflation. O . Devaluation. O d. Depreciation. O e. Disinflation.

Assume contractionary monetary policies have had the effect of lowering inflation rates from a 6% annual rate down to 2%. What do economists call this drop in inflation? O a. Deflation. O b. Inflation. O . Devaluation. O d. Depreciation. O e. Disinflation.

ENGR.ECONOMIC ANALYSIS

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Chapter1: Making Economics Decisions

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Question

Assume contractionary monetary policies have had the effect of lowering inflation rates from a 6% annual rate down to 2%.
What do economists call this drop in inflation?
O a. Deflation.
O b. Inflation.
O c. Devaluation.
d. Depreciation.
O e. Disinflation.

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