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What does inflation mean?

1. Currency increases value
2. Currency loses value
3. The economy grows

User Street
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1 Answer

7 votes

Answer:

Currency loses value

Step-by-step explanation:

Inflation is the decline of purchasing power of a given currency over time. ... The rise in the general level of prices, often expressed a a percentage means that a unit of currency effectively buys less than it did in prior periods.

User Jdi
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