A. deductive reasoning
B. inductive reasoning
C. normative reasoning
D. positive reasoning
Correct Answer:
Option B – inductive reasoning
Explanation
Inductive reasoning is a method of logical thinking in which you use observations combined with experiential information you already know to arrive at a conclusion.
Inductive reasoning makes broad generalizations from specific observations. From the question, the price of yam (specific observation), is used to make a broad conclusion/generalization (Inflation)
