Welcome to Westonci.ca, your ultimate destination for finding answers to a wide range of questions from experts. Explore thousands of questions and answers from knowledgeable experts in various fields on our Q&A platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

Inflation is best described as _____.(1 point)

a downward trend in total economic output


a downward, general trend of prices in the economy


an upward, general trend of prices in the economy


an upward trend in total economic output

Sagot :

Inflation is the situation money is losses some of its value due to general process levels rises in the economy.

  • Hence it can be best be defined as the increase in the amount of money and credit in the economy related to the supply of services and goods.
  • Thus its an upward, general trend of prices in the economy. Hence the option D is correct.

Learn more about the best described as.

brainly.com/question/15588968.

Answer: C

Explanation:

Inflation is an upward, general trend of prices in the economy.