The constant rise in commodity prices is called________

1.	The constant rise in commodity prices is called________
Answer» Answer: Inflation Explanation: Inflation is a quantitative measure of the RATE at which the average PRICE LEVEL of a basket of SELECTED goods and SERVICES in an economy increases over some period of time. It is the rise in the general level of prices where a unit of currency effectively buys less than it did in prior periods.

Answer»

Answer:

Inflation

Explanation:

Inflation is a quantitative measure of the RATE at which the average PRICE LEVEL of a basket of SELECTED goods and SERVICES in an economy increases over some period of time. It is the rise in the general level of prices where a unit of currency effectively buys less than it did in prior periods.

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The constant rise in commodity prices is called________​

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The constant rise in commodity prices is called________