Answers 26-27 Ignite Economics-KY-Economics Banking — Unit testQuestion 5

5

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Banking — Unit test

Question 5 of 25 • 26-27 Ignite Economics-KY-Economics

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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