Economy, asked by prashant247, 10 months ago

WHAT IS.
INFLATION???????????​

Answers

Answered by manjunath7506
25

Answer:

Inflation is an economic term that refers to an environment of generally rising prices of goods and services within a particular economy. As general prices rise, the purchasing power of consumers decreases. ... For example, prices for many consumer goods are double that of 20 years ago

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Explanation:

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Answered by Anonymous
6

Answer:

Explanation:

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the action of inflating something or the condition of being inflated.

"the inflation of a balloon"

ECONOMICS

a general increase in prices and fall in the purchasing value of money.

"policies aimed at controlling inflation"

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