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What is the best definition of inflation?

User XPD
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1 Answer

11 votes
I mean there’s 2 definitions for it

Inflation is a situation of rising prices in the economy. A more exact definition of inflation is a sustained increase in the general price level in an economy. Inflation means an increase in the cost of living as the price of goods and services rise.


Or inflation can be growing the size (blowing up a balloon)
User UXE
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