Sustained Inflation Is

question 213

Multiple Choice

Sustained inflation is

• A) the same as hyperinflation.
• B) also called stagflation.
• C) a constant increase in the price of one product or service in the economy.
• D) an increase in the overall price level that continues over a significant period of time.

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Definitions:

Personal Biases

Individual prejudices or preferences that influence one's judgment or decision-making process.

Tolerance

The willingness to accept feelings, habits, or beliefs that are different from one's own.

Individualism

A theory promoting individual liberty over governmental or group restrictions.

Privacy

The state or condition of being free from unauthorized intrusion or disclosure of personal information.