Question

if there is general increase in process it is said that. ........
a) inflation has decreased
b) inflation has increased
c) money supply has increased
d) money supply has decreased

Answer 1

and b is the Correct answer

Answer 2

Concept Introduction:-

The speed at which prices increase over a specific time period is known as inflation.

Explanation:-

We have been provided a question

We need to choose from the given alternatives the correct option

The correct option is $b)$ inflation has increased

It is because Inflation is on the increase around the world, with food and energy prices hitting record highs. The rise has been driven in large part by pent-up consumer demand after the pandemic and the Russian invasion of Ukraine. UBS Chief Economist Paul Donovan explains why inflation is high and when we can expect that to ease.

Final Answer:-

The correct answer is option $b)$ inflation has increased.

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