A persistent and appreciable rise in the general level of price is known as
ECONOMICS
WAEC 2005
A persistent and appreciable rise in the general level of price is known as
- A. depreciation
- B. inflation
- C. deflation
- D. production
Correct Answer: B. inflation
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *