Inflation is the rise in the general level of:

Understand the Problem

The question relates to the concept of inflation, specifically asking for the term that describes the rise in the general level of something. It appears to be related to economic principles.

More Information

Inflation is typically measured by indices like the Consumer Price Index (CPI) which tracks changes in price levels of a basket of consumer goods and services.

Tips

A common misconception is confusing inflation with individual price changes rather than the overall level across the economy.

Sources

• Inflation: What It Is and How to Control Inflation Rates - Investopedia - investopedia.com
• Inflation - Wikipedia - en.wikipedia.org
• Inflation is a sustained or continuous rise in the general price level in - Study.com - homework.study.com