Which term means a general rise in prices over time?

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Multiple Choice

Which term means a general rise in prices over time?

Explanation:
Inflation is the general rise in prices over time, meaning the overall price level increases and money buys fewer goods and services. This contrasts with deflation, where prices fall; stagnation, which refers to little or no economic growth (often with low inflation); and stagflation, which is high inflation occurring alongside stagnant growth and unemployment. So the term that best describes a general rise in prices over time is inflation.

Inflation is the general rise in prices over time, meaning the overall price level increases and money buys fewer goods and services. This contrasts with deflation, where prices fall; stagnation, which refers to little or no economic growth (often with low inflation); and stagflation, which is high inflation occurring alongside stagnant growth and unemployment. So the term that best describes a general rise in prices over time is inflation.

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