An increase in the overall price level that continues over a significant period of time is
A) high inflation.
B) sustained recovery.
C) sustained inflation.
D) super inflation.

Question

Quizplus · Accepted Answer

Sustained inflation is an increase in price levels that occurs over a longer period of time, typically more than a year. High inflation refers to a rapid increase in price levels over a short period of time, and super inflation is a term that is not commonly used in economics. Sustained recovery refers to an extended period of economic growth after a period of recession or downturn, which is not related to inflation.

An Increase in the Overall Price Level That Continues Over