With reference to the differences between Disinflation and deflation, consider the following statements:

1. While Deflation is a decrease in general price levels throughout an economy, disinflation is the reduction of the rate of inflation.

2. Deflation increases the value of money whereas disinflation decreases the value of money.

3. Deflation refers to the direction of prices, disinflation refers to the rate of change in the rate of inflation.

How many of the above statements are correct?