Question

what is inflation

who will give the right ans will be
made the brainlist answer.​

Answer 1

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:

Uʀ ᴀɴsᴡᴇʀ ⬇️

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.✔

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