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Which of the following is a general, sustained upward movement of prices for goods and services in an economy? a. Inflation b. Expenditures c. Budgets d. Stimulus packages

Which of the following is a general, sustained upward movement of prices for goods and services in an economy? a. Inflation b. Expenditures c. Budgets d. Stimulus packages
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Which of the following is a general, sustained upward movement of prices for goods and services in an economy? a. Inflation b. Expenditures c. Budgets d. Stimulus packages

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User Brian Douglas
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1 Answer

6 votes
Inflation can be defined as rise in general price level.
Thus, answer is Inflation
answered
User Valchris
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