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Inflation is defined as

Updated: 8/22/2023
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12y ago

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Inflation is when..... say a sweet cost 50p one year and the next 1 pound then you have to go borrow the extra 50p to buy the sweet

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12y ago
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12y ago

a rise in the general level of prices

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Anonymous

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3y ago

And unusual steep and rise in prices

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Q: Inflation is defined as
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Related questions

What is defined as the rising cost of products?

inflation


Which of these terms is defined as the rising cost of products?

Inflation


How inflation can be define in easy way?

Inflation can be defined as shortage of some thing like goods etc.


What does the inflation date indicate?

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. Demand-Pull Inflation, Cost-Push Inflation etc.


What is that inflation?

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.


What is inflation?

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.


Will inflation lead to change in demand?

Will inflation lead to change in demand? Inflation is defined as the rise of prices in goods and services in a society. Therefore inflation and demand are strongly depended on each other. Supposedly the inflation grows over a period of time, the demands would effect the different levels in society by a equivalent decrease and vice versa.


What may inflation be defined as?

In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time.(In practice, the term monetary inflation is used to specifically refer to an increase in the money supply.)


What inflation rate?

inflation


Inflation rates?

inflation


Will inflation Peter out?

inflation peter out is when inflation diminish or stops .


What refers to the persistent increase in the prices of goods and services?

inflation