A persistent and appreciable rise in the general level of price is known as? by Sunday | May 25 | Economics WAEC | 0 comments A. depreciation B. inflation C. deflation D. production Correct Answer: Option B B. inflation Users Also Read These:The situation in which there is persistent fall in…A persistent rise in the general level of prices implies?If the quantity of rice bought decreases from 250…If a 10% rise in price causes a 5% decrease in the…If a 20% rise in the price of Whiskey leads to a 30%…