3. Which of the following best defines inflation?
a. The rapid increase in the price of a specific good, such as gasoline
b. A general, sustained upward movement of prices for goods and services in an economy
c. The fluctuation in revenue and expenditures caused by Congress and the president
d. An increase in the national debt caused by ongoing deficit spending
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “3. Which of the following best defines inflation? a. The rapid increase in the price of a specific good, such as gasoline b. A general, ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
People might file for bankruptcy for all the following reasons except
Answers (1)
An organization of member brokers who agree to cooperate in the sale of properties listed by other brokers in exchange for a share of the broker's resulting commission is called what?
Answers (1)
Some nations are hesitant to embrace globalization because of the resulting increased A. global problem solving. B. freedom of information. C. power of corporations. D. choices for consumers.
Answers (1)
At July 31, Wildhorse Co. has this bank information: cash balance per bank $7,250, outstanding checks $670, deposits in transit $1,270, and a bank service charge $40. Determine the adjusted cash balance per bank at July 31.
Answers (1)
The focus of the Manufacturing career cluster is to make useful products. to use machines. to perform maintenance and installation. to handle logistics and inventory.
Answers (1)
New Questions in Business
What is the meaning of market in economics
Answers (1)
If you were a police officer, at night during your shift, you confront a suspicious man walking in an elite neighborhood. You stop to question the man, but he refuses even to give you his name.
Answers (1)
The account "Warranty Liability": is adjusted at the end of the year. is credited each time a warranty repair is made. has a year-end credit balance equal to the cost of warranty repairs made during the year. is closed at the end of the year.
Answers (1)
What percentage of U. S. households have no access to banking services? A) 8 percent B) 10 percent C) 15 percent D) 50 percent
Answers (1)
Gina Davidson has received $50,000 in a divorce settlement and is trying to decide how to invest it. She has looked at stocks but knows that some stocks have lost a lot of value for their owners recently.
Answers (2)