Answer-Rise in the price of a commodity means:

Question

Rise in the price of a commodity

means:

A Rise in the value of currency only Correct Answer Incorrect Answer

B Fall in the value of currency only Correct Answer Incorrect Answer

C Rise in the value of commodity only Correct Answer Incorrect Answer

D Fall in the value of currency and rise in the value of commodity Correct Answer Incorrect Answer

Typically, when prices rise, it is a reflection of inflation, where the currency's value falls and commodity prices rise.

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