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What is inflation???

asked
User Itzy
by
7.9k points

1 Answer

1 vote

Answer:

Inflation is the increase in cost of goods and services and a decreasi in currency value.

Step-by-step explanation:

Inflation occurs when the cost of goods increases steadily. There comes a point when the increase in cost makes the currency worth less, because one unit of currency can buy less.

answered
User Nick Shmick
by
8.5k points

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