Question

Which of the following economic terms describes an increase in product price without the increase of money's worth?

inflation

fiat currency

deflation

gold standard

Answer 1

Well, think about it, let's go from top to bottom, does inflation make sense?

Answer 2

Hello?

Answer 3

not really sure but i'll try

Answer 4

fiat currency

Answer 5

First, do you know what inflation is?

Answer 6

i think the action of inflating something

Answer 7

It's inflation because that means that money is starting to loose it's value so you have to give more of it even though it technically cost the same amount

Answer 8

it was right thank you

Answer 9

you're welcome

Answer 10

A