11. Q11 Inflation is defined as a. a period of rising productivity in the economy. b. a period of rising income in the economy. c. an increase in the overall level of output in the economy. d. an increase in the overall level of prices in the economy.

Question

05-09-2019
Business

contestada

11. Q11 Inflation is defined as a. a period of rising productivity in the economy. b. a period of rising income in the economy. c. an increase in the overall level of output in the economy. d. an increase in the overall level of prices in the economy.

Respuesta :

Otras preguntas

The restaurant Joe's Tasty Burgers just created a new hamburger that they call "The Joe Special." They want to protect the name of the burger so that no other

what percent of 80 is 28

anyone could kindly help me an explaination would help too :)

5 times 2/12=___ 4 times 2/3=___ 6 times 2/6=___ 2 times 4/8=___ 3 times 1/2=____

Listed below are ethnic groups that immigrated to the US. Determine if the following ethnic groups arrived during the First Wave or Second Wave of immigration.

PLEASE HELP! Explain your answer, idk what im doing.

Great Britain gained control of the Suez Canal by 1875 by

Y varies directly with x. If y=5 when x=20, what is the value of y when x-6

Why are the Enquirer and Tribune citations placed where they are?

what causes variations in traits like hair color,eye color,and height

dgomez30 dgomez30 · Answer 1 · 2019-09-13T00:08:45+02:00

Answer:

d. an increase in the overall level of prices in the economy.

Explanation:

Inflation is a measure used to analyse the variation of the prices of determined products or/and services in a period of time.

In a normal economy, inflation tends to rise every period; which means that the purchasing power of people decreases.

E.g. Last year you bought a pencil for $3; however, the same pencil this year is $3.3. So, you have to get more money to buy the same pencil, which means that the money has lost a part of its value.