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20 August, 14:30

If the consumer price index rise then ...

1. Unemployment is falling

2. Unemployment is rising

3. Deflation is occurring

4. Inflation is occurring

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  1. 20 August, 14:49
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    Answer: Option 4. Inflation is occurring.

    Consumer Price Index is the way of measuring average change in the price of market basket of goods and services. Rise in consumer price index indicates that prices are going up which means inflation is occurring.
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