_______refers to a general rise in the price level of goods and services over time.
A)Recession
B)Escalation
C)Inflation
D)Acceleration

Question

Quizplus · Accepted Answer

Inflation refers to a general rise in the price level of goods and services over time. A recession is a period of economic decline, while escalation and acceleration refer to increases in specific things (such as military activities or speed).

_______Refers to a General Rise in the Price Level of Goods