Question

what is inflation answer​

Answer 1

Answer:

Inflation is a measure of the rate of rising prices of goods and services in an economy. Inflation can occur when prices rise due to increases in production costs, such as raw materials and wages. A surge in demand for products and services can cause inflation as consumers are willing to pay more for the product.

Answer 2

In economics, inflation or price inflation is a general rise in price level relative to available goods resulting in a substantial and continuing drop in purchasing power in an economy over a period of time.

You Can See YouTube Channel :-

Dhruv Rathee

For Deep Explanation Of Inflation