Question

3. Which of the following best defines inflation? a. The rapid increase in the price of a specific good, such as gasoline b. A general, sustained upward movement of prices for goods and services in an economy c. The fluctuation in revenue and expenditures caused by Congress and the president d. An increase in the national debt caused by ongoing deficit spending

Answer 1

D an increase in the national debt caused by on going deficit spending

Answer 2

The best answer is D.