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What is inflation and how is it measured

User Yogsototh
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1 Answer

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Answer:

Inflation is an increase in the level of prices of the goods and services that households buy

Step-by-step explanation:

The most well-known indicator of inflation is the Consumer Price Index (CPI), which measures the percentage change in the price of a basket of goods and services consumed by households. hope this helps you :)

User Umbreen
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