Question

The persistent rise in the cost of goods and services.

Interest
O Savings Rate
O Deflation
Inflation

Answer 1

Inflation

Step-by-step explanation:

Inflation can be regarded as general rise in the level of price of an economy during particular period of time. As the general price level experience a rise, each unit of currency will only buys fewer goods as well asservices. When there is decline of purchasing power of a particular currency over period of time, then it can be regarded as inflation. It should be noted that inflation is The persistent rise in the cost of goods and services.