Inflation is the percentage increase in the average level of prices for
A) Land
B) All goods
C) All services
D) Automobiles
E) All of the above

Name: Inflation is the percentage increase in the average level of prices for A) Land B) All goods C) All services D) Automobiles E) All of the above
Brand: Quizplus
Rating: 4.9 (24 reviews)

Question

Quizplus · Accepted Answer

Inflation is defined as the percentage increase in the average level of prices for a broad range of goods and services, not limited to specific categories such as land, automobiles, or any other single category.

Inflation Is the Percentage Increase in the Average Level of Prices