Which of the following best describes inflation?

A. Increase in the sale of stocks on the stock market
B. Increase in the general price level of goods and services
C. Increase in currency in the money supply
D. Increase in the purchasing power of foreign currency
E. Decrease in the salaries of members of government

Answer: B

Political Science

You might also like to view...

A petit jury decides if a defendant is found guilty in a civil or criminal action

Answer:

Political Science

If a bill is vetoed by the president but is then subsequently passed by a two-thirds majority in both houses of Congress, the veto is said to be

A) overridden. B) sustained. C) pocket vetoed. D) impounded. E) delegated.

Political Science