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erica [24]
3 years ago
8

What does inflation mean?

History
1 answer:
Ede4ka [16]3 years ago
8 0

Answer:

Currency loses value

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.

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