Match the following i Deflation nbs...........

Economic Affairs Inflation

Match the following:

(i) Deflation (a) Reduction of Rate of Inflation

(ii) Stagflation (b) When there is general fall in the level of prices

(iii) Disinflation (c) Combination of inflation and rising unemployment due to recession.

. Choose the correct code

1-2-3

3-1-2

2-3-1

2-1-3

Correct code is 2-3-1

Deflation is a process where prices of consumer goods and services fall and money increases in value. Longer periods of deflation can lead to higher unemployment, a decrease in demand, and a reduction in economic activity. Deflation doesn't necessarily affect the whole economy.
In economics, stagflation or recession-inflation is a situation in which the inflation rate is high or increasing, the economic growth rate slows, and unemployment remains steadily high.
Disinflation is a decrease in the rate of inflation – a slowdown in the rate of increase of the general price level of goods and services in a nation's gross domestic product over time. It is the opposite of reflation.

Hence option 3rd is correct.