_________ rate is defined as the rate at which the cost general level of goods and services increases resulting in decreases of purchasing power of goods and services.

Mr. Dubey • 52.26K Points
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Q. _________ rate is defined as the rate at which the cost general level of goods and services increases resulting in decreases of purchasing power of goods and services.

(A) deflation

(B) inflation

(D) ---

Correct : Option (B)

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