Question

Q1. Define Inflation.
Q2. Define Insurance.


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Answer 1

HEY MATE HERE IS YOUR ANSWER

INFLATION :- The sustained increase in thhe general price level leading to a fall in the purchasing power of money.

INSURANCE :- The person or business that gets compensated if the loss occurs is known as the insurance.

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Answer 2

Inflation: a general rise in prices;the rate at which prices rice

Insurance:an arrangement with a company in which you pay them regular amounts of money and the agree to pay the costs, if for example you die are ill,or if you lose or damage something....