Inflation is usually an increase in the price(s) of something and a decrease in the value of money. So the answer choice that best fits this general definition is:
A. An increase in the supply of currency that reduces the currency's value.
Hope this helps!
An increase in the supply of currency that reduces the currency's value is called inflation. A country experiences inflation when its money supply expands more quickly than its economic production.
What are main causes of inflation?
When expenses of production, such as labor and raw materials, rise, and prices rise as a result, inflation may result.
The pace of price growth over a specific time period is referred to as inflation. This indicates that as time goes on, money loses value and the amount that can be purchased with it decreases.
As a result, option (a) is correct.
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