when the price of goods and servies go up but the value of money goes down this is called ?

a. draft
b. infation
c. blocked
d. bond <------

Nope!

Are you sure this is for an English class?

sorry i ment to put history is it b i relly don't know @ms.sue

If you don't know, try Googling each of the words you don't understand.

lol i did that. but its fine if you don't know either, but thanks

oh it is b lol but thanks

Yes, b is right.

The correct answer is b. inflation. When the price of goods and services increases but the value of money decreases, it is referred to as inflation. Inflation occurs when there is an overall rise in the general price level of goods and services in an economy over a period of time.

To understand how to arrive at this answer, it is important to have a basic understanding of the concepts involved. Here's a step-by-step explanation of how to arrive at the answer:

1. Read and understand the question: The question is asking about a situation where the price of goods and services increases but the value of money decreases, and we need to identify the correct term for that situation.

2. Analyze the options: Look at each option and determine if it aligns with the description in the question.

a. draft: This term refers to a preliminary, rough, or unfinished version of a document. It doesn't relate to the situation described in the question, so it can be eliminated.

b. inflation: This term refers to the general increase in the price level of goods and services in an economy over time. It exactly matches the situation described in the question, so it is a possible answer.

c. blocked: This term does not relate to the situation described in the question. It can be eliminated.

d. bond: This term refers to a financial instrument typically used by governments and companies to raise capital. It doesn't relate to the situation described in the question, so it can be eliminated.

3. Determine the correct answer: Comparing the remaining options, we can conclude that b. inflation is the correct term to describe the situation where the price of goods and services goes up but the value of money goes down.

Remember, it's always important to carefully read the question, understand the concepts involved, and analyze the given options to arrive at the correct answer.