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What is inflation? (2 points)

a
Increase in taxes on the wealthy

b
Decrease in price due to surplus of goods

c
Increase in price due to shortage of goods

d
Decrease in spending on military equipment


Sagot :

Answer:

C. Increase in price due to shortage of goods

Explanation:

If an item sells more than usual then prices will raise to force more customers to buy it.

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