Inflation Is

question 39

Multiple Choice

Inflation is:

• A)a reduction in everyone's standard of living.
• B)a rise in the real prices of all goods and services.
• C)a general and continuing rise in the money prices of goods and services.
• D)a continuing rise in everyone's standard of living.
• E)an increase in the value of money compared to the value of goods.

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Definitions:

Fraud

A deliberate deception to secure unfair or unlawful gain, or to deprive a victim of a legal right.

Federal Level

Pertaining to or involving the central government of a federation rather than any of its constituent states or regions.

Used Car Sales

The activity or business of buying and selling pre-owned vehicles.

Board of Directors

A group of individuals elected to represent shareholders and make major decisions concerning the company's operations, finance, and policies.