Question

What is the best definition of inflation

Answer 1

Economic inflation: a general increase in prices and fall in the purchasing value of money.

The noun: the action of inflating something or the condition of being inflated.

Step-by-step explanation:

Answer 2

Explanation:in·fla·tion

/inˈflāSH(ə)n/

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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"