The American Dream of upward mobility is linked to peaks in the business cycle.Once the peak is reached,however,the economy turns down because too large a surplus of goods has been produced.This is due in part to______________,which refers to a sustained and continuous increase in prices.

Question

Quizplus · Accepted Answer

Inflation refers to a sustained and continuous increase in prices, which can lead to a surplus of goods being produced, ultimately leading to a downturn in the business cycle. Therefore, the best choice is C) inflation.

The American Dream of Upward Mobility Is Linked to Peaks