Question

As long as prices are rising over time, then ___________.

A. Inflation is occurring
B. Deflation is occurring
C. Stagflation is occurring
D. The economy is in recession

Answer 1

Inflation is occurring.

Step-by-step explanation:

Inflation is a general and ongoing rise in the level of prices in an entire economy. It means that there is pressure for prices to rise in most markets in the economy. So if prices are rising over time, it indicates that inflation is occurring.