Geography, asked by Abhiram6540, 9 months ago

What is the constant rise in commodityies prices called in economics ?

Answers

Answered by tis00160

Answer:

he constant rise in commodityies prices called in economics

Explanation:

Inflation is a quantitative measure of the rate at which the average price level of a basket of selected goods and services in an economy increases over some period of time. It is the rise in the general level of prices where a unit of currency effectively buys less than it did in prior periods

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