An Increase in the Overall Price Level Is

question 254

Multiple Choice

An increase in the overall price level is

• A) inflation.
• B) deflation.
• C) a price index.
• D) a recession.

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Definitions:

Words

Basic units of language or speech that convey meaning and are used to express thoughts or communicate.

Parasympathetic

The part of the autonomic nervous system responsible for relaxation and conservation of energy.

Sympathetic

Part of the autonomic nervous system that prepares the body for action in challenging or threatening situations.

Parasympathetic

Part of the autonomic nervous system responsible for the body's rest and digest response, counteracting the fight or flight system.