Question

what is inflation???​

Answer 1

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• Inflation is the decline of purchasing power of a given currency over time. A quantitative estimate of the rate at which the decline in purchasing power occurs can be reflected in the increase of an average price level of a basket of selected goods and services in an economy over some period of time.

Answer 2

Answer:

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WHEN THE RATE OF MONEY CHANGES BY TIME BUT THE VALUE IS SAME. THIS US CALLED AS INFLATION

Explanation:

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