deflation
deflation, n. A general decline in the price of goods and services. Cf. INFLATION; DISINFLATION. — deflate, vb. — deflationary, adj.
Search Results for: DEFLATION
disinflation
disinflation. A period or process of slowing down the rate of inflation. Cf. DEFLATION.
inflation
inflation, n. A general increase in prices coinciding with a fall in the real value of money. Cf. DEFLATION. — inflationary, adj. cost-push inflation. Inflation caused by a rise in production costs. demand-pull inflation. Inflation caused by an excess of demand over supply.
real income
Income adjusted to allow for inflation or deflation so that it reflects true purchasing power.