Multiple Choice
Inflation occurs when
A) all prices in the economy rise.
B) the prices of some goods rise and prices of some goods fall,but more goods have price increases than decreases.
C) the prices of some goods rise and prices of some goods fall,but fewer goods have price increases than decreases.
D) the overall level of prices rises.
E) all prices in the economy fall.
Correct Answer:

Verified
Correct Answer:
Verified
Q54: The price of a McDonald's hamburger in
Q55: Arguably there are three reasons why the
Q56: If the price of industrial plastic injection
Q57: The ratio (Price Level in Earlier Time)/
Q58: What did Milton Friedman mean by saying
Q60: In Bovania,cattle compose 48 percent of the
Q61: Donna Newton made $0.30 per hour in
Q62: If the price of a typical market
Q63: In 1940 you could buy a "nickel
Q64: If the consumer price index (CPI)was 100