_____ is a measure of the decrease in the value of money,expressed as the percentage reduction in value since the previous year.
A) Inflation
B) Recession
C) Depression
D) Consumer break-even
E) Price escalation

Name: _____ is a measure of the decrease in the value of money,expressed as the percentage reduction in value since the previous year. A) Inflation B) Recession C) Depression D) Consumer break-even E) Price escalation
Brand: Quizplus
Rating: 4.9 (39 reviews)

Question

Quizplus · Accepted Answer

This is the definition of inflation.

_____ Is a Measure of the Decrease in the Value