hannasham3holemalac
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  • 11-04-2016
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What is the term for the rise in prices of consumer goods?
a)Unemployment
b)Inflation
c)Gross Domestic Product
d)Entitlement

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Neuron
Neuron Neuron
  • 14-04-2016
The term for the rise in prices of consumer goods would be inflation - b.

Inflation denotes the rise of prices in relation to the amount of money that is being printed. When we have an inflation, our currency effectively has less value. 
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