n NISM Certifications
MF MF Foundations
Medium

What is the increase in the cost of goods and services over time called?

Practice question from Mutual Fund Scheme Selection Test — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Interest

  2. B

    Appreciation

  3. Inflation

    Correct answer

  4. D

    Return

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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