Which of the following statements are true about, Ask an Expert

Economics

Which of the following statements are true about inflation?

It occurs when the overall level of prices increases.

Some prices may fall even when most others rise.

Some prices affect consumers more than others.

When in the 2-4% range, it can be a sign of a healthy economy.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91722217

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