The term that refers to the price level rising at a low rate is
A) hidden inflation
B) creeping inflation
C) repressed inflation
D) disinflation
E) deflation

Question

Quizplus · Accepted Answer

Creeping inflation refers to a situation where the general price level is rising at a low rate, usually less than 5% per year. This type of inflation is not immediately noticeable and can be easily overlooked, but it still impacts the purchasing power of money over time.

The Term That Refers to the Price Level Rising at a Low