Percentage change in some measure of the price level from one period to the next is termed as
The inflation rate measures the percentage change in the general price level between periods. Return on investment measures profitability, while the forex rate concerns…
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Percentage change in some measure of the price level from one period to the next is termed as
Answer and explanation
Correct answer B
The inflation rate measures the percentage change in the general price level between periods. Return on investment measures profitability, while the forex rate concerns currency exchange.
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Karnataka SET (KSET)