Economics Explained : Inflation 101

2 years ago
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Economic Explained : Inflation 101

Inflation
/ɪnˈfleɪʃ(ə)n/
noun
1. the action of inflating something or the condition of being inflated.
"the inflation of a balloon"

2.ECONOMICS-a general increase in prices and fall in the purchasing value of money.
"policies aimed at controlling inflation"

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