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Economic inflation or just inflation is the rate at which the general level of prices for goods and services is rising. Central banks attempt to stop severe inflation, along with severe deflation, in an attempt to keep the excessive growth of prices to a minimum.
Inflation or deflation will always occur in a economy but the role of the Fed is to make less severe.
Wiki User
∙ 11y ago
Wiki User
∙ 8y agoThere is a lot of money in circulation, which makes it worth less and creates pressure to raise prices
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Which economic term describes a period of slow economic growth that also has inflation?
Recession
What economic term refers to a general rise in prices?
apajedico
Economic term for an economy with rising inflation and unemployment?
This is called inflation or more precisely "price inflation".
Is inflation an economic issue?
Yes, it's hardly an economic issue
What does economic environment mean?
This term considers the external factors in a situ; eg the employement, inflation, intrest rates... This is a basic summary for more info google "economic environment :definition" this should produce more answers TR :D
Which economic term describes a period of slow economic growth that also has inflation?
Recession
What economic term refers to a general rise in prices?
apajedico
Economic term for an economy with rising inflation and unemployment?
This is called inflation or more precisely "price inflation".
Is inflation an economic issue?
Yes, it's hardly an economic issue
How does inflation change economic choices?
As inflation rises, the cost of items increases because the currency is not worth as much as it was before inflation. When prices rise, economic choices available to people become more limited.
What does economic environment mean?
This term considers the external factors in a situ; eg the employement, inflation, intrest rates... This is a basic summary for more info google "economic environment :definition" this should produce more answers TR :D
What was the serious German economic problem in 1920s?
Inflation
What traditional methods solve economic problems?
Inflation
What are not goals of federal economic policy?
Low inflation
Effects of economic dualism?
It results into inflation in the country
What is economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
Is an economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
