The Term Inflation Is Used to Describe a Situation in Which

question 12

Multiple Choice

The term inflation is used to describe a situation in which

• A)the overall level of prices in the economy is increasing.
• B)incomes in the economy are increasing.
• C)stock-market prices are rising.
• D)the economy is growing rapidly.

---

Definitions:

Accuracy

The degree to which the result of a measurement, calculation, or specification conforms to the correct value or standard.

Brain-Computer Interface

A direct communication pathway between an enhanced or wired brain and an external device.

Thoughts

Mental processes that involve reasoning, reflection, judgement, and imagination, among other cognitive activities.

Computer Keyboard

A peripheral input device designed to input characters and functions into a computer system by pressing keys.