This is a definition of inflation. If the rise in prices is both rapid and very large, it is called hyperinflation.
a sharp and sudden rise in prices resulting from an excessive expansion in papaer money or bank
inflation
Exorbitant means hugely overinflated. Those prices are exorbitant.
To slash prices means to cut the price, as for a sale. Here are some sentences.Today we are going to slash prices on all our dishes!I hope that store is planning to slash prices on their televisions for Christmas.I only buy clothing in that store when they slash prices.add the words ''slash prices'' to an uncomplete sentence. Such as;The store would go under if they did not slash prices.
The plural is price lists. As in "here are the price lists".
That is inflation.
I looked at the exorbitant housing prices.
inflation
It's called inflation. Get ready for a lot of it.
inflation
It's called inflation.
Inflation.
The situation set forth and described in the question is known as INFLATION.
what is different about interest rates, or price of credit, from other prices in the economy
The main difference between the general and selective credit control methods is that the former influence the cost and overall volume of credit granted by banks. They affect credit related to the whole economy whereas the selective controls affect the flow of credit to only specified sector of the economy, wherein speculative tendency and rising trend of prices, due to excessive bank credit, is noticed.
Sugar subsidies cause farmers to grow more sugar resulting in lower prices for sugar. Lower prices for sugar results in increased consumption, resulting in obesity and diabedes.
Yes, the tightening of credit and a sharp decrease in farm prices touched of the Panic of 1819.
I Love Birds.
No. Gas prices have not caused this recession. This is because of the severe credit crunch.