A Condition Characterized by Continuing Rise in Prices Over a Period

question 12

Multiple Choice

A condition characterized by continuing rise in prices over a period of time refers to:

• A)inflation.
• B)depression.
• C)a recession.
• D)economic contraction.
• E)deflation.

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Definitions:

Expense

Money spent or costs incurred in the process of generating revenue; financial outlay.

Mutual Aid

A principle or practice where individuals or groups offer reciprocal help and support to each other, especially in times of crisis or need.

Model

A representation or example used as a guide for understanding, explaining, or simulating behaviors, processes, or systems.

Co-leader

A person who shares the leadership role in a group or team, providing support and assistance to the primary leader.