What Do We Call an Increase in the Average Level

question 51

Multiple Choice

What do we call an increase in the average level of prices in an economy?

• A) recession
• B) stagflation
• C) deflation
• D) inflation

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Definitions:

Training and Development

Programs and initiatives focused on improving the skills, knowledge, and capabilities of employees through education and practical experiences.

Organizations

Groups structured and managed to meet a need or to pursue collective goals on a continuing basis.

Six Sigma

A data-driven approach and methodology for eliminating defects in any process, from manufacturing to transactional and from product to service.

Corporate Culture

The shared values, beliefs, and practices that shape the social and psychological environment of a business organization.