Which of the following statements about prices and inflation is not​ correct?     A. The inflation rate shows the percentage change in prices across periods of time.   B. Prices generally increase at the same rate across most periods of time.   C. The price level measures the average prices of goods and services across the economy.   D. Inflation represents a general rise in prices over periods of time

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
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Which of the following statements about prices and inflation is not​ correct?
 
 
A.
The inflation rate shows the percentage change in prices across periods of time.
 
B.
Prices generally increase at the same rate across most periods of time.
 
C.
The price level measures the average prices of goods and services across the economy.
 
D.
Inflation represents a general rise in prices over periods of time
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