MCQOPTIONS
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| 1. |
"Inflation" may be defined as: |
| A. | Rapidly increasing prices in a certain sector or industry |
| B. | A temporary increases in the prices of several goods |
| C. | A general and consistent increase in prices in an economy |
| D. | Too little money choosing too many goods |
| Answer» C. A general and consistent increase in prices in an economy | |