Inflation is an overall:
A) rise in prices.
B) decline in prices.
C) rise in prices, excluding goods and services with historically volatile price changes.
D) decline in prices, excluding good and services with historically volatile price changes.

Question

Quizplus · Accepted Answer

Inflation is defined as a sustained increase in the general price level of goods and services in an economy. Therefore, the correct option is A, which represents a rise in prices.

Inflation Is an Overall