Creeping inflation implies that there is a?

Creeping inflation implies that there is a?
  • A.
    gentle and persistent increase in the general price level
  • B.
    rapid and persistent increase in the general price level
  • C.
    gentle but not permanent increase in the general price level
  • D.
    rapid but not permanent increase in the general price level
Correct Answer: Option A
Explanation
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