ECO121_-_SU_2024_-_RE_2491.webp
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ECO121_-_SU_2024_-_RE_2491.webp

(Choose 1 answer)
(17805)Economists use the term inflation to describe a situation in which
A. some prices are rising faster than others.
B. the economy's overall price level is rising.
C. the economy's overall price level is high, but not necessarily rising.
D. the economy's overall output of goods and services is rising faster than the economy's overall price level.

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