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

A.) inflation.
B.) fiat currency.
C.) deflation.
D.) gold standard.

2 Answers

4 votes

the correct answer is...

A.

inflation

User Mountrix
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The correct answer in this question is option A. Inflation is experienced when there is an increase in product price without increasing the worth of the money. This results to lesser number of goods and services that one is going to buy. Inflation would also fend off investors.
User Ashish John
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7.3k points