Answer to Question #124792 in Economics of Enterprise for ria

Question #124792
what is inflation
1
Expert's answer
2020-07-01T17:48:11-0400

Inflation refers to the persistent rise in the general price level of goods and services within a particular economy


References.

Dr. Dewett, K. K., & Navalur,M. H,. (2006). Modern Economic Theory. S chand: Reprint Edn.


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