A positive inflation rate means that the value of money in the economy is
A) positive.
B) falling.
C) rising.
D) constant.
E) negative.

Name: A positive inflation rate means that the value of money in the economy is A) positive. B) falling. C) rising. D) constant. E) negative.
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Question

Quizplus · Accepted Answer

A positive inflation rate means that the general level of prices is rising, which means that the purchasing power of money is falling. Therefore, the value of money in the economy is falling.

A Positive Inflation Rate Means That the Value of Money