Inflation represents
A) an increase in output.
B) an increase in the aggregate price level.
C) an increase in the unemployment rate.
D) a recession.
B
Economics
You might also like to view...
In a long-run equilibrium in a monopolistically competitive industry that produces information products, revenues are equal to the ________ costs of developing, producing, and selling the product
A) total B) fixed C) variable D) marginal
Economics
A market served by only one firm is called a(n):
A. perfectly competitive market. B. monopoly. C. oligopoly. D. Any of these could be correct.
Economics