menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Principles Problems and Policies
  4. Exam
    Exam 6: An Introduction to Macroeconomics
  5. Question
    An Increase in the Overall Level of Prices in an Economy
Solved

An Increase in the Overall Level of Prices in an Economy

Question 8

Question 8

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

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

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines