Economy, asked by ppalakjain412, 1 month ago

Define Inflation .

answer in one or two marks​

Answers

Answered by varshakhvarsha
2

Answer:

Inflation is the decline of purchasing power of a given currency over time. ... The rise in the general level of prices, often expressed as a percentage, means that a unit of currency effectively buys less than it did in prior periods.

Answered by pahal8
1

Explanation:

the action of inflating something or the condition of being inflated.

hope it helps

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