MCQOPTIONS
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| 1. |
 Inflation exists when |
| A. | there is general increase in the prices over time. |
| B. | there are periodic decreases in the price level. |
| C. | there are continuous increases in the output level over time. |
| D. | there is rise in the purchasing value of money. |
| Answer» B. there are periodic decreases in the price level. | |