Economy, asked by 9843489946h, 26 days ago

Define the term Inflation

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Answered by ks156197

Answer:

nflation 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.

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Define the term Inflation​

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Define the term Inflation