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Inflation results in A general decrease in the price level An increase in the number of goods that are manufactured during a
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Third option is correct

when there is an inflation in the market it implies that the general price level is increased over a particular period of time. For a given commodity, when the price is increased, fewer units of that commodities can be purchased. This indicates that inflation decreases the purchasing power of money because now the same amount of money will buy fewer units of goods and services.

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