Q. If the price level rises with a marked change in real output this is known as (Solved)
1. Inflation
2. Deflation
3. Devaluation
4. Revaluaion
5. Improved labour relations
- d. Revaluaion
1. Inflation
2. Deflation
3. Devaluation
4. Revaluaion
5. Improved labour relations