Social Sciences, asked by komalpreet4857, 10 months ago

what is constant rise is commodities price called in economics ? one word answer

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Answered by avimahthaofficial

Answer:

In economics, inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. ... However, the consensus view is that a long sustained period of inflation is caused by money supply growing faster than the rate of economic growth.

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