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

Question

28 March, 07:03

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Kosmo · Answer 1

Inflation, by definition, is the general increase of prices and the fall in purchasing value of money. Therefore, the answer is A.

What is inflation?A.) an increase in the supply of currency that reduces the currency's valueB.) a demand for more goods than can be met by productionC.) an increase in unemployment due to a serious recessionD.) an excess of goods that results in lower prices