Seudónimo Seudónimo
  • 21-08-2014
  • Business
contestada

please help I need a great explanation for what is inflation in terms of economics.

Respuesta :

oseafe oseafe
  • 21-08-2014
Inflation may be defined as when a lot of money can only buy a little quantity of goods or services. In other words, prices are ridiculously high.
Answer Link
Аноним Аноним
  • 21-08-2014
Simple version.

Inflation: A general rise in the price of goods and services.
Answer Link

Otras preguntas

Why do the ocean tides follow a periodic pattern?
The annual interest rate of Mike's savings account is 4.8%, and simple interest is calculated monthly. What is the periodic interest rate of Mike's account? a.
multiply: 3m^3(2m^ + 3m - 1)
A pole 24 feet high has a shadow eight feet long. A nearby pole is 72 feet tall. How long is it's shadow?
a middle school has 360 students. if 3/10 of the students are in sixth grade and 7/20 are in 7th grade, how many students are in 8th grade
the sides of a central angle are two _____ of the circle
PLEASE HELP ME! Find the cube roots of 125(cos 288° + i sin 288°).
the sum of 26 and twice a number
Stuart runs with his brother each morning, and they are able to talk about their plans for the day in short bursts of conversation. Which best describes their h
Gets Brainliest and 11pts! The volume of two spheres is shown: Sphere A = 40 cubic inches Sphere B = 10 cubic inches How many inches more is the radius of