When Overall Price Levels Rise Over Time, It Is Referred

question 90

Multiple Choice

When overall price levels rise over time, it is referred to as:

• A)deflation.
• B)inflation.
• C)an increase in purchasing power.
• D)the consumer price index.

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Definitions:

Additions

The act or process of adding one thing to another, increasing the total amount.

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A keyboard shortcut commonly used in software applications to select all cells below the current position until it reaches an empty cell.

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