The inflation rate is the
A. measure used to calculate the price level.
B. measure used to calculate the cost of borrowing money.
C. percentage increase in the average level of prices.
D. percentage increase in the average level of wages.
Answer:C
The inflation rate is the
A. measure used to calculate the price level. B. measure used to calculate the cost of borrowing money. C. percentage increase in the average level of prices. D. percentage increase in the average level of wages.