Question

question 16 of 17
a general increase in prices in an economy is:
select an answer from the options below.
a inflation
b consumption
c deflation
d distribution

Explanation:

Inflation is defined as a general increase in prices in an economy over a period of time. Consumption refers to the use of goods and services by households. Deflation is a general decrease in prices. Distribution is about how resources, goods, etc. are allocated.

Answer:

A. inflation