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    Exam 18: Understanding Money Banking and Credit
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    What Is the Term for the Situation When Prices Spiral
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What Is the Term for the Situation When Prices Spiral

Question 32

Question 32

Multiple Choice

What is the term for the situation when prices spiral out of control and goods become more expensive for everyone?


A) inflation
B) hyperinflation
C) deflation
D) superinflation

Correct Answer:

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