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When there is an increase in prices for good and services combined with a reduction in the value of money it is known as inflation.

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What were the causes of inflation that led to the fall of roman empire?

It hoped to create more money with the same amount of precious metal. However, the econimy soon suffered from Inflation, a drastic drop in the value of money coupled with a rise in prices.


What were the cause of inflation that led the fall of the roman empire?

It hoped to create more money with the same amount of precious metal. However, the econimy soon suffered from Inflation, a drastic drop in the value of money coupled with a rise in prices.


What were the causes of inflation that led to the fall of the roman empire?

It hoped to create more money with the same amount of precious metal. However, the econimy soon suffered from Inflation, a drastic drop in the value of money coupled with a rise in prices.


What economic problems did rome face?

the economy suffered from inflation a drastic drop in the value of money and a raise in prices.


In olden days the value of money was very less but now there is a drastic change in the value of money so show the changing value of money from olden days to present day?

Gas used to be a $00.05 now it's $2.50 and coke used to be $00.01 now it's $1.00 so it a drastic effect.


What happened when there is an increase in prices for good and services combined with a reduction in the value of money?

When there is an increase in prices for good and services combined with a reduction in the value of money it is known as inflation.


What happens when there is an increase in prices for good and service combined with a reduction in the value of money?

When there is an increase in prices for good and services combined with a reduction in the value of money it is known as inflation.


What happens when there is an increase in prices for goods and services combined with a reduction in the value of money?

When there is an increase in prices for good and services combined with a reduction in the value of money it is known as inflation.


What is the advantage of comparing prices?

I think it is To get the best value for your money


What is it called when the value of money drops?

That's simple! Inflation. Money has less value, and to compensate it, product prices have to be higher.


What is it called when money loses its value and business raise prices?

inflation


In times of rising prices the purchasing power of money falls affecting?

store house value