Inflation refers to
A. Decrease in price level and Increase in money value.
B. Increase in price level and decrease in money value.
C. Increase in price level and increase in money value.
D. None of the above.
Answer:B
Inflation refers to
A. Decrease in price level and Increase in money value. B. Increase in price level and decrease in money value. C. Increase in price level and increase in money value. D. None of the above.