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What is a rise in prices brought about by an increase in the ratio of currency?
a rise in prices that occurs when currency loses its buying power
What is it called when GDP figures decline but prices rise?
stagflation
True or false Inflation refers to a dramatic drop in prices?
False!Inflation means a dramatic increase in prices. The opposite of inflation is deflation. Deflation is a dramatic decrease in prices.
What is it called when resources become scarce and the retail prices rise?
a limiting factor
When prices continue to rise as the nation goes into recession this event is called what?
stagflation
Related Questions
What is the rise of prices called?
That is inflation.
A rise in the general level of prices is called?
inflation.
What is a rise in prices brought about by an increase in the ratio of currency?
a rise in prices that occurs when currency loses its buying power
What is it called when GDP figures decline but prices rise?
stagflation
True or false Inflation refers to a dramatic drop in prices?
False!Inflation means a dramatic increase in prices. The opposite of inflation is deflation. Deflation is a dramatic decrease in prices.
What is it called when resources become scarce and the retail prices rise?
a limiting factor
When prices continue to rise as the nation goes into recession this event is called what?
stagflation
What dies charging high prices for hoarded goods called?
Rise and Demand
A sharp and sudden rise in prices resulting from an excessive expansion in paper money or bank credit?
This is a definition of inflation. If the rise in prices is both rapid and very large, it is called hyperinflation.
When prices rise what happens to income?
When prices rise, income buys less.
When inflation occurs do prices fall or rise?
rise
What is a play called that is overly dramatic?
Drama or dramatic
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