Multiple Choice
An increase in the overall level of prices in an economy is called:
A) Growth
B) Expansion
C) Inflation
D) Nominal GDP growth
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q3: The period when output and living standards
Q4: Financial institutions reward savers with the following,
Q9: Modern economic growth:<br>A) Started occurring since the
Q10: Explanations about what caused the Great Recession
Q12: Which of the following groups is the
Q27: Which of the following statements about price
Q53: Investment is ultimately limited by the amount
Q95: Business cycles refer to short-term fluctuations in
Q123: Buying 100 shares of Google stock would
Q186: The period known as the Industrial Revolution