Multiple choice

_________ is a state of the economy where the process of inflation and deflation occur simultaneously.

  1. Disinflation

  2. Agflation

  3. Stagflation

  4. Biflation

  5. None of the above

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Biflation means a state of the economy where the process of inflation and deflation occurs simultaneously.