If the inflation rate is not very high to start with, disinflation can lead to deflation decreases in the general price level of goods and services.
22.
Oil prices have been falling, health insurance premiums have risen less rapidly than the general price level and the strong dollar has reduced the cost of imports.
23.
Soon the big threat is from a decline in the general price level _ deflation _ a phenomenon the United States has not experienced since the 1930s.
24.
Violent changes in the volume of money affect not only the general price level, but also the relationship of prices to each other within the price structure.
25.
During the period of gold standard, he concluded that interest rates were correlated to the general price level, and not the rate of change in the prices.
26.
Furthermore, some economists argue that a falling general price level is not inherently harmful to an economy and cite the economic growth of the period as evidence.
27.
But one factor that will continue to complicate that task is the increasing difficulty of pinning down the notion of what constitutes a stable general price level.
28.
As the Industrial Revolution unfolded, the United States General Price Level, that day's version of the Consumer Price Index, fell 1 . 3 percent a year, on average.
29.
"Accelerating wage growth and the potential follow-through to the general price level is an issue on the minds of the Federal Open Market Committee members, " she said.
30.
Since reductions in general price level are called deflation, a deflationary spiral occurs when reductions in price lead to a vicious circle, where a problem exacerbates its own cause.
