Economists Use the Term Inflation to Describe a Situation in Which

question 11

Multiple Choice

Economists use the term inflation to describe a situation in which

• A)some prices are rising faster than others.
• B)the economy's overall price level is rising.
• C)the economy's overall price level is high,but not necessarily rising.
• D)the economy's overall output of goods and services is rising faster than the economy's overall price level.

---

Definitions:

Anterograde Amnesia

A condition where a person is unable to form new memories following the onset of the disorder.

Personal Information

Data relating to an individual that can be used to identify, contact, or locate a single person.

Repressed Memories

Memories that have been unconsciously blocked due to being associated with a high level of stress or trauma.

Dissociative Amnesia

Loss of memory for important facts about a person’s own life and personal identity, usually including the awareness of this memory loss.