The term inflation is used to describe a situation in which a. the overall level of prices in the economy is increasing.b. incomes in the economy are increasing.c. stock-market …

Question

asked Oct 5, 2020 48.6k views

1 Answer

← Prev Question Next Question →

Ask a Question

Anbarasan · Answer 1 · 2020-10-10T21:21:48+0000

Answer: The correct answer is Choice A.

Explanation: The term inflation is used to describe a situation in what the overall level of prices in the economy is increasing.

The measure of inflation is the Inflation Rate. This is the annualized percentage change in a general price index (usually the consumer price index) over time.

The term inflation is used to describe a situation in which a. the overall level of prices in the economy is increasing.b. incomes in the economy are increasing.c. stock-market …

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

No related questions found

Categories

Other Questions