g5l7oresiauniquelazo g5l7oresiauniquelazo

22-02-2016
Social Studies

Answered

A general rise in the prices of goods and services, such as food and clothes, is called _____.

real GDP

interest rates

inflation

Verified Answer :

meerkat18 meerkat18

02-03-2016

INFLATION.

A general rise in the prices of goods and services, such as food and clothes, is called inflation.

The opposite of inflation is deflation. It is the decrease in the prices of goods and services.

The pace of inflation or deflation can be measured using monthly statistics from the consumer price index.

Core inflation is the term used when consumer price index is subtracted by food and energy cost.

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agpier04 agpier04

11-01-2021

Answer:

INFLATION

Explanation:

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