The inflation rate is:
A. the percentage change in the overall price level.
B. one of the central concepts in macroeconomics.
C. a measure of the rate of increase in the cost of living.
D. All of these statements are true.
Answer: D
The inflation rate is:
A. the percentage change in the overall price level.
B. one of the central concepts in macroeconomics.
C. a measure of the rate of increase in the cost of living.
D. All of these statements are true.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.