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Economical Facts

This quiz just gives basic knowledge of what is inflation.

Economical Facts
  • 1 of 8:

    Inflation is defined as

  • A) The Percentage Expansion of the Economy Over the Last Year
  • B) The % Change in the Price Level Over the Preceding Twelve Months
  • C) The Increase in Average Prices in the Retail Sector
  • D) The Rise in Labour Costs Over the Last Year
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