Question

what is inflation in commerce​

Answer 1

Answer: MARK ME AS BRAINLIEST PLEASEEEEE........

Explanation:

Inflation refers to the rise in the prices of most goods and services of daily or common use, such as food, clothing, housing, recreation, transport, consumer staples, etc. Inflation measures the average price change in a basket of commodities and services over time.

Answer 2

Answer:

Inflation is an upward movement in the average level of prices. Its opposite is deflation, a downward movement in the average level of prices. The boundary between inflation and deflation is price stability. Inflation is the continued upward movement in the general level of prices.

Explanation:

Plzzz mark as brainliest