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What is inflation? A. the stabilization of price B. a general increase in prices C. a general decrease in prices D. a way to calculate a nation's real price

What is inflation? A. the stabilization of price B. a general increase in prices C. a general decrease in prices D. a way to calculate a nation's real price
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4 votes
What is inflation?

A. the stabilization of price
B. a general increase in prices
C. a general decrease in prices
D. a way to calculate a nation's real price

User Tiborg
by
7.8k points

1 Answer

6 votes
it's B. as inflation increases, purchasing power decreases. that is, your money can buy less stuff.
User Kaushik Thanki
by
9.0k points
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