What term describes the ongoing increase in prices for a particular set of goods and services?

Financial Markets and Funds MCQs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

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Subject
Financial Markets and Fundsfinance-mcqs › financial-markets-and-funds
Published
12 May 2023
Last updated
28 May 2026

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Explanation

Inflation refers to the continuous rise in the prices of a specific basket of goods and services over time. It is not related to globalization or demand increases.

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