Economics WAEC

An inflation in which the price rises steadily at an average rate of about 2% per annum is best described as?
An inflation in which the price rises steadily at an average rate of about 2% per annum is best described as?An inflation in which the price rises steadily at an average rate of about 2% per annum is best described as?

A. Galloping
B. Induced
C. Creeping
D. Suppressed
E. Run-away

Correct Answer:

Option C – Creeping

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5 years ago

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