answersLogoWhite

0

What is that inflation?

Updated: 10/18/2022
User Avatar

Wiki User

12y ago

Best Answer

Inflation is defined as a sustained increase in the general level of prices for goods and services. It is measured as an annual percentage increase. As inflation rises, every dollar you own buys a smaller percentage of a good or service.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is that inflation?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions