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Which of the following economic terms describes an increase in product price without the increase of money's worth?

inflation

fiat currency

deflation

gold standard

User JStevens
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2 Answers

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Inflation is the economic term among the following terms in question, that describe an increase in product price without the increase of money's worth. The correct option among all the options that are given in the question is the first option. I hope that this is the answer you wanted and it has helped you.
User Rymn
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The economic terms that describes an increase in product price without the increase of money's worth is : Inflation
Inflation is heavily influenced by the fluctuation of a country's currency. The stronger it is, the lower the inflation rate might be

Hope this helps
User Tobi Oetiker
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