Question

What is inflation? How it effect our economy?​

Answer 1

Answer:

When prices for energy, food, commodities, and other goods and services rise, the entire economy is affected. Rising prices, known asinflation, impact the cost of living, thecost of doing business, borrowing money, mortgages, corporate, and government bond yields, and every other facet of the economy.

Answer 2

Answer:

When prices for energy, food, commodities, and other goods and services rise, the entire economy is affected. Rising prices, known as inflation, impact the cost of living, the cost of doing business, borrowing money, mortgages, corporate, and government bond yields, and every other facet of the economy.

Explanation:

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