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Q: What is a general continuous increase in prices?
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Related questions

What word means a continuous increase in prices?

Sounds like inflation to me.


What inflation means?

Inflation is a continuous rise in the price of goods and services.The effect of Inflation is the increase of prices for goods and services within an economy. The cause of inflation in an increase in an economies capital (paper money) in circulation, where the value of money decrease and prices go up.A persistent, substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of currency.In other contexts it means to increase the volume by air. When breathing in, you inflate your lungs.Inflation is a general and progressive increase in prices.


What word means a general increase in prices?

inflation


Which term describes a sustained increase in the general level of prices?

Inflation.


What best describes an increase in the general market prices of goods and services?

Inflation


What occurs when there is an increase in prices that decreases the amount of a good or service you can bu?

Inflation is the word used to describe a general increase in prices and reduction in purchasing power of money.


Which of these terms means a general increase in prices and a fall in the purchasing value of money?

inflation


What terms best describes an increase in the general market prices of goods and services?

Inflation


Hbest definition for inflation?

A general increase in prices and fall in the purchasing value of money.


Q: What is inflation?

Inflation is the rate of increase in prices over a given period of time.


What terms best describe an increase in the general market price prices of goods and services?

Inflation


What is a general rise in prices?

A general rise in price is usually referred to as inflation; however, in economics, inflation refers to an increase in the supply of currency, which in turn causes a general increase in prices. The more money that's circulating, the less each unit is worth; thus, the price of everything goes up.