ECONOMICS
MONETARY POLICY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What term is used to describe an increase in the general price of goods?
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Inflation
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Deflation
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Stagflation
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Monetary policy
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Explanation:
Detailed explanation-1: -Price inflation is an increase in the price of a collection of goods and services over a certain time period.
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