Is it possible to reverse inflation? | Homework.Study.com (2024)

Business Economics Inflation

Question:

Is it possible to reverse inflation?

Inflation:

Inflation is the rate of price increment in the basket of the commodity with respect to the price of that same commodity basket at base year. Consumer price index considers as consumer goods basket inflation and the wholesale price index is considered as wholesale goods basket inflation.

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Yes, it is possible to reverse and control inflation. The reverse of inflation is called disinflation. The central bank can reverse inflation by...

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Inflation | Definition, Causes & Formula

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Chapter 4/ Lesson 16

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Learn about the inflation rate. Discover the causes of inflation and how to calculate it. Understand how to use the inflation rate formula through examples.

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