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The increase in prices in an economy over time is measured by the:
A. aggregate demand
B. gross domestic product
C. rate of inflation
D. unemployment rate

The Increase In Prices In An Economy Over Time Is Measured By The A Aggregate Demand B Gross Domestic Product C Rate Of Inflation D Unemployment Rate class=

Sagot :

kings53075

Ans C. the inflation rate

The inflation rate is the rate at which the general level of prices for goods and services is rising. If the price of a product is $X today and after a year if the price of that product is more than $X then it could be due to inflation effect, keeping other factors constant. Inflation leads to increase in price of products and services leading to decrease in their demands.

Answer:

Rate of inflation

Explanation:

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