A country is said to be experiencing inflation when
A. prices of most goods and services are rising over time.
B. prices of most goods and services are falling over time.
C. total output is rising over time.
D. total output is falling over time.
Answer:A
A country is said to be experiencing inflation when
A. prices of most goods and services are rising over time. B. prices of most goods and services are falling over time. C. total output is rising over time. D. total output is falling over time.