Inflation Occurs

Multiple Choice

Inflation occurs:

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