Social Sciences, asked by ba9844628, 2 months ago

What is the meaning of'Inflation' ?​

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Answered by ItzSiddhi3009
6

Answer:

Inflation is the decline of purchasing power of a given currency over time. ... The rise in the general level of prices, often expressed as a percentage, means that a unit of currency effectively buys less than it did in prior periods.

Explanation:

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Answered by mileycyrus41
0

Answer:

Inflation is the decline of purchasing power of a given currency over time. ... The rise in the general level of prices, often expressed as a percentage, means that a unit of currency effectively buys less than it did in prior periods.

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