QUESTION IMAGE
Question
question 11
the rise in the general level of prices is defined as
3 pts
inflation
supply
interest
price - gouging
what economic system has the least involvement from the government in what goods are produced?
3 pts
market
mixed
command
socialist
Inflation is defined as the rise in the general level of prices. In a market - economic system, the market forces of supply and demand play a major role with the least government involvement in the production of goods compared to socialist, command, and mixed economic systems.
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Question 11: Inflation
What economic system has the least involvement from the government in what goods are produced?: Market