Business Studies, asked by abhinav5188, 10 months ago

what do you mean by inflation​

Answers

Answered by MrCombat
11

Answer:

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. Often expressed as a percentage, inflation indicates a decrease in the purchasing power of a nation's currency.

Answered by mohammedsaadbashir
0

Answer: 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. Often expressed as a percentage, inflation indicates a decrease in the purchasing power of a nation's currency.

Explanation:

Similar questions