INFLATION
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:
Inflation leads to a decrease in the purchasing power of money.
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 | |
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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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See Also
List of Cryptocurrency Terms Currency Symbols SHRINKFLATION (reducing product quantity or quality, while maintaining price) TRUMPFLATION (Trump inflation)Quiz
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