Inflation is a period in which product prices rise without an increase in the cost of production.

Name: Inflation is a period in which product prices rise without an increase in the cost of production.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Inflation refers to the general increase in prices across the economy, which can be caused by various factors including an increase in production costs, higher demand for products, or expansion of the money supply, not solely by stable production costs.

Inflation Is a Period in Which Product Prices Rise Without