| Consider the following statements |
| 1. Disinflation is a decrease in the rate of inflation. |
| 2. In the disinflation, the inflation is falls below the zero percent level. Which of the statements given above is/are correct? |
A) Only 1
B) Only 2
C) Both 1 and 2
D) neither 1 nor 2
Correct Answer: A
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