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Monday, 25 May 2026
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Inflation refers to:

Inflation refers to:
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Fall in money supply
  • B Increase in unemployment
  • C Reduction in taxes
  • D Persistent rise in prices
Correct Answer: Option D
Explanation:
Inflation is a sustained increase in the general price level of goods and services over time.

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