Causes and Impact of Inflation Quick Check

1 of 51 of 5 Items
Question
Inflation is best described as _____.(1 point)
Responses

a downward, general trend of prices in the economy
a downward, general trend of prices in the economy

an upward trend in total economic output
an upward trend in total economic output

an upward, general trend of prices in the economy
an upward, general trend of prices in the economy

a downward trend in total economic output

1 answer

The correct response is:

an upward, general trend of prices in the economy

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