Which of the following statements does not describe ‘inflation’? 1. The price of goods increases 2. The purchasing power of money decreases 3. It is expressed as a percentage 4. There is more money in the economy
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The price of the goods increases.
akhilvashistha14:
the price of goods increases is the term of inflation
yes inflation - - increase in price and deflation - decrease in price
but question says what does not relate with inflation
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4-there is more money in the economy is the correct answer
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