Question

It is true that Inflation is defined as a movement of the economy toward economic growth. can be thought of as an increase in a nation's standard of living. is a sustained fall in the overall level of prices. is an increase in the overall level of prices.

Answer 1

is an increase in the overall level of prices.

Step-by-step explanation:

• Inflation is a defined as the price rose that affect the entire real monetary terms of the nation and is a sustainable rise in the levels of the prices and is seen as indirect expense or cost of the nation people.

• Being a quantitative measure of the rate of the average rise in the selected goods and services and may of three types as the demand-pull the cost-push, and the built-in. Thus making the consumers pay more for less.