Question

Which of the following is a good example of inflation?
A. You get a flat tire on your car.
B. You work three jobs in order to pay your bills.
C.
It cost you $50 to gas up your car this month. But last month it cost you
$85.
D.
It cost you $85 to gas up your car this month. But last month it only cost
you $50.

Answer 1

Answer:

D

Explanation:

The value of money has decreased, as it now costs more for the same service.

Answer 2

A good example of inflation is D. It cost you $85 to gas up your car this month. But last month it only cost you $50.

What is inflation?

When the purchasing power of consumers continues to diminish with rapid succession because prices of goods and services are increasing, inflation is occurring.

When it costs $50 to refuel in the current month while it cost $85 last month, it is deflation that is occurring.

Thus, a good example of inflation is D. It cost you $85 to gas up your car this month. But last month it only cost you $50.

Learn more about inflation at https://brainly.com/question/1082634

#SPJ2