Question 8 11 point) Which statement about inflation is TRUE? a) Disinflation refers to disturbingly high levels of inflation, b) When actual GDP output is below what the country is potentially capable of producing at the time increases in demand are unlikely to lead to inflation Och Inflation is sometimes described as too little money chasing to many goods. di Deflation can be a serious problem for anyone on a fixed income. Previous Page Page 8 of 34 bi ny