Deflation
That is called "inflation".
Deflation is decrease in general price level of services and goods. Deflation occur when inflation rate is 0%
what is a lack of goods and services called
Recession is a period of economic decline characterized by a decrease in economic activity, while inflation is a general increase in prices of goods and services.
This is the barter system.
That is called "inflation".
Deflation is decrease in general price level of services and goods. Deflation occur when inflation rate is 0%
what is a lack of goods and services called
A business that produces goods or services is called an industry.
Recession is a period of economic decline characterized by a decrease in economic activity, while inflation is a general increase in prices of goods and services.
This is the barter system.
Deflation
If you have money to buy goods and services you are said to be 'solvent'. When you have no money to by goods and services you are said to be 'insolvent'.
It's called TRADE BY BARTER.
Deflation is a decline in general price levels of goods and services and a stronger value in money.
Inflation of a ballon is what causes it to pop,which scares people
Inflation is the rate of increase in prices over a given period of time.