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katovenus [111]
3 years ago
9

Inflation is an increase in __________.

History
2 answers:
qaws [65]3 years ago
5 0
In economics, inflation<span> is a sustained </span>increase in<span> the general price level of goods and services in an economy over a period of time resulting in a loss of value of currency. When the price level rises, each unit of currency buys fewer goods and services.</span>
amid [387]3 years ago
5 0
Both types of inflation cause<span> an increase in the overall price level within an economy. Demand-pull </span>inflation<span> occurs when aggregate demand for goods and services in an economy rises more rapidly than an economy's productive capacity. ... Rising energy prices </span>caused<span> the cost of producing and transporting goods to rise.</span>
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