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Introducing Concepts - Unemployment and Inflation
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Problem 10
Introducing Concepts - Unemployment and Inflation
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10. Introducing Economic Concepts / Introducing Concepts - Unemployment and Inflation / Problem 8
Problem 8
What is inflation?
A
A temporary increase in the price of a single good.
B
A decrease in overall price levels over time.
C
An increase in overall price levels over time.
D
A situation where wages increase faster than prices.
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