________ refers to a general rise in the price level of goods and services over time.
A) Acceleration
B) Recession
C) Inflation
D) Escalation

Name: ________ refers to a general rise in the price level of goods and services over time. A) Acceleration B) Recession C) Inflation D) Escalation
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Question

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Inflation refers to a general rise in the price level of goods and services over time. This can be due to factors such as increased demand, decreased supply, or changes in currency value.

________ Refers to a General Rise in the Price Level