A year over year ________ in the buying power of money means that definitely ________ from one year to the next.
A)decrease;the price level increased
B)increase;the price level increased
C)decrease;inflation increased
D)increase;inflation increased
E)Both answers A and C are correct.

Question

Quizplus · Accepted Answer

A decrease in the buying power of money means that the price level increased, which is not caused only by inflation. Other factors such as supply and demand can also affect price levels. Therefore, option E is not a correct answer. The other options do not accurately describe the relationship between the buying power of money and the price level.

A Year Over Year ________ in the Buying Power of Money