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6 October, 18:44

What is inflation?

A.) an increase in the supply of currency that reduces the currency's value

B.) a demand for more goods than can be met by production

C.) an increase in unemployment due to a serious recession

D.) an excess of goods that results in lower prices

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Answers (1)
  1. 6 October, 20:00
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    Inflation, by definition, is the general increase of prices and the fall in purchasing value of money. Therefore, the answer is A.
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