which is the best definition of inflation?\n a gradual decrease in the price of goods and services\n a…
which is the best definition of inflation?\n a gradual decrease in the price of goods and services\n a gradual increase in the price of goods and services\n an exponential decrease in the price of goods and services\n an exponential increase in the price of goods and services
Answer
Brief Explanations:
Inflation is defined as a general rise in the price - level of goods and services over time. It is a gradual increase, not exponential or a decrease.
Answer:
a gradual increase in the price of goods and services