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    Computing
  3. Study Set
    Finance Markets Investments Study Set 2
  4. Exam
    Exam 2: Money and the Monetary System
  5. Question
    Inflation Is
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Inflation Is

Question 3

Question 3

Multiple Choice

Inflation is


A) an increase in the purchasing power of money
B) a decrease in the quality of goods and services
C) an increase in the prices of goods and services not offset by increases in the quality of those goods and services
D) a measure of the money supply

Correct Answer:

verifed

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