- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 11. Understanding Business Cycles
- Subject 7. Inflation
CFA Practice Question
Between 1981 and 1983, the annual rate of increase in the Canadian total consumer price index (CPI) declined from 12.5% to just under 6%. Again, from 1990 to 1992, the rate of inflation slowed from about 5% to 1.5%. This is an example of ______.
A. inflation
B. deflation
C. disinflation
Explanation: Disinflation is a decrease in the rate of inflation.
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