Inflation Means

question 45

Multiple Choice

Inflation means:

• A)an increase in individuals' real income.
• B)that all prices are rising and at the same rate.
• C)an increase in the overall price level.
• D)a decrease in the overall level of prices.

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Definitions:

Libido

In psychoanalytic theory, this term refers to the energy associated with the sexual drive that forms part of the life instinct.

Social Interest

A concept in psychology that describes the individual's attitude towards society and the welfare of others.

Big Five Personality Factors

Five broad domains that are used to describe human personality, including openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Personality Trait

A characteristic way of thinking, feeling, and behaving that is relatively stable over time and across situations.