asked 195k views
3 votes
13. What is the difference between the price level and the rate of inflation?
ECON QUSTION

asked
User ThomasR
by
7.7k points

1 Answer

5 votes

Answer:

The rate of inflation is measured as the percentage change between price levels over time.

Explanation: hope that helps

answered
User Rajan Kumar
by
8.0k points

Related questions

2 answers
0 votes
107k views
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.