Inflation occurs when.....
Answers
Answered by
1
Answer:
hey mate
Inflation is a quantitative measure of the rate at which the average price level of a basket of selected goods and services in an economy increases over a period of time. It is the constant rise in the general level of prices where a unit of currency buys less than it did in prior periods. Often expressed as a percentage, inflation indicates a decrease in the purchasing power of a nation’s currency.
Explanation:
follow me on Instagram
roshni. 1889
Similar questions