Which of these statements best describes inflation?

A) A loaf of bread used to cost $1.95, but now it costs $3.99.
B) The United States produces more now than it did fifty years ago.
C) The gross domestic product of the United States increases over the years.
D) The federal reserve issues U.S. Treasury bonds to pay for the debt burden.
E) Over the past three years, the economy has shrunk instead of growing.


A

Political Science

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