A decline in the purchasing power of a currency is known as:
a. recession.
b. depression.
c. inflation.
d. deflation.
e. reserve declin
e.
Question 2
A government program providing benefits to all persons qualified to receive them under law is a definition for which of the following terms?
a. welfare
b. federal fiscal benefit
c. subsidy
d. entitlement program
e. discretionary program