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Inflation and Stagflation

Question 6 • FL-2102340-Economics with Financial Literacy (Teacher Directed)

Inflation is a measure of how prices .

Answer
A
decrease
B
increase

Explanation

Inflation means that the general level of prices for goods and services rises over time. So the prices increase, making choice B correct; a decrease in prices is the opposite of inflation.

AI-written and checked against the verified answer.

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