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INFLATION
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What Does INFLATION Mean?
INFLATION means "Rate of Increase in Prices."Inflation is a term used in economics to refer to the rate of increase in prices over a given period of time. Inflation is measured in percentage increases across a year and represents a decrease in the purchasing power of money.
Causes of inflation include:
- Increases in demand for goods and services.
- Increases in public spending.
- Tax reductions.
- Wage increases.
Image for INFLATION
When I write INFLATION, I mean this:
Summary of Key Points
"Rate of Increase in Prices" is the most common definition for INFLATION on Snapchat, WhatsApp, Facebook, Twitter, Instagram, and TikTok.INFLATION | |
---|---|
Definition: | Rate of Increase in Prices |
Type: | Word |
Guessability: | ![]() 2: Quite easy to guess |
Typical Users: | ![]() Adults |
Example of INFLATION Used in a Text
INFLATION
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