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24 June, 07:07

It is true that Inflation is defined as a movement of the economy toward economic growth. can be thought of as an increase in a nation's standard of living. is a sustained fall in the overall level of prices. is an increase in the overall level of prices.

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  1. 24 June, 09:24
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    is an increase in the overall level of prices.

    Explanation:

    Inflation is a defined as the price rose that affect the entire real monetary terms of the nation and is a sustainable rise in the levels of the prices and is seen as indirect expense or cost of the nation people. Being a quantitative measure of the rate of the average rise in the selected goods and services and may of three types as the demand-pull the cost-push, and the built-in. Thus making the consumers pay more for less.
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