- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 11. Understanding Business Cycles
- Subject 7. Inflation
CFA Practice Question
If the inflation rate is less than 0%, it is called ______.
B. disinflation
C. neflation
A. deflation
B. disinflation
C. neflation
Correct Answer: A
Deflation refers to a persistent fall in the level of the overall consumer price index, with negative inflation being recorded year after year.
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