select the correct answer. which economic indicator describes the process of generally declining prices? a…

select the correct answer. which economic indicator describes the process of generally declining prices? a. inflation b. deflation c. gross domestic product d. recession e. unemployment

select the correct answer. which economic indicator describes the process of generally declining prices? a. inflation b. deflation c. gross domestic product d. recession e. unemployment

Answer

Brief Explanations:

Inflation is rising prices. GDP measures economic output. Recession is a general slow - down in economic activity. Unemployment is about joblessness. Deflation is the process of generally declining prices.

Answer:

B. deflation