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apajedico
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What is a general rise in prices?
A general rise in price is usually referred to as inflation; however, in economics, inflation refers to an increase in the supply of currency, which in turn causes a general increase in prices. The more money that's circulating, the less each unit is worth; thus, the price of everything goes up.
General rise in prices and pay rates?
inflation
Which best explanation for the general rise of prices over time?
Inflation
Economic cycle that involves a rise in prices linked to a sharp increase in available money?
inflation
What signal does a rise in prices send to producers?
in class room economic: make more in real world economics: flood the market and raise prices
Economic term refers to a general rise in prices?
inflation
What is a general rise in prices?
A general rise in price is usually referred to as inflation; however, in economics, inflation refers to an increase in the supply of currency, which in turn causes a general increase in prices. The more money that's circulating, the less each unit is worth; thus, the price of everything goes up.
Is rise of fuel prices an economic activity?
YES.
What is a rise in prices?
A general rise in price is usually referred to as inflation; however, in Economics, inflation refers to an increase in the supply of currency, which in turn causes a general increase in prices. The more money that's circulating, the less each unit is worth; thus, the price of everything goes up.
General rise in prices and pay rates?
inflation
A rise in the general level of prices is called?
inflation.
Why do the price of things rise when gas goes?
When gas prices rise, other products soon follow. This is a sign of inflation, where the general value of money decreases and prices rise.
What economic concept is best escribed as a rise in prices with a decrease in the value of money?
Inflation
Which best explanation for the general rise of prices over time?
Inflation
Economic cycle that involves a rise in prices linked to a sharp increase in available money?
inflation
What is true about members of the populist party?
They hoped to see a general rise in prices.
What signal does a rise in prices send to producers?
in class room economic: make more in real world economics: flood the market and raise prices
