A. Cyclical increase in prices
B. Periodic increase in prices
C. Persistent increase in prices
D. Occasional increase in prices
Correct Answer: Option C
C. Persistent increase in prices
Explanation
Inflation is a persistent increase in the prices of goods and services over time.
200 Level Department of Community Health exam questions and detailed answers. Download the answers in document…
200 Level Department of Community Health exam questions and detailed answers. Download the answers in document…
200 Level Department of Community Health exam questions and detailed answers. Download the answers in document…
100 Level Department of Science Laboratory Technology exam questions and detailed answers. Download the answers in…
100 Level Department of Science Laboratory Technology exam questions and detailed answers. Download the answers in…
100 Level Department of Science Laboratory Technology exam questions and detailed answers. Download the answers in…