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Economics semester SS3314 IC
Economic Policy
Question 4
4
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Multiple Choice
Economic Policy
Question 4 • Economics (semester) SS3314 IC
Which is the best definition of inflation?
Answer
A
a gradual decrease in the price of goods and services
B
a gradual increase in the price of goods and services
C
an exponential decrease in the price of goods and services
D
an exponential increase in the price of goods and services
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