Question

INFLATION MAKES a). FUTURE RUPEES MORE VALUABLE than PRESENT RUPEES B). FUTURE RUPEES LESS VALUABLE than PRESENT RUPEES C) NONE of THESE D) future RUPEES EQUAL TO PRESENT RUPEES?​

Answer 1

Answer:

b is the answer okkkkkkkkkkkkkkkkllkkk

Answer 2

Inflation makes future rupees less valuable than present rupees.

• Inflation is defined as the decrease in the purchasing power of a given currency over time.

• An economy faces a rate of inflation every year. The current rate of inflation in India as of November 2021 is 4.91%.

• The rate of inflation means the rate at which the value of your currency decreases.

The answer is(b) Future rupees less valuable than present rupees.