Inflation is best described as _____.(1 point)

Responses

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

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

a downward trend in total economic output
a downward trend in total economic output

an upward trend in total economic output

1 answer

Inflation is best described as an upward, general trend of prices in the economy.