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The term economists use to describe a situation in which the economy's overall price level is rising is a. growth. b. expansion. c. inflation. d. recession.

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ayokenny2001

The term economists use to describe a situation in which the economy's overall price level is rising is inflation.

What is inflation?

Inflation is the consistent and persistence rise in the prices of goods and services as a result of too much money in circulation.

It is a situation whereby money looses its value over time, hence products generally become more expensive.

Learn more about inflation here: https://brainly.com/question/1082634

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