Concept and Definition of Inflation

In general, inflation means the increase in general price level or decrease in purchasing power of money (or value of money). Inflation usually refers to a general rise in the level of prices of goods and services over a period of time. This is also referred to as price inflation. The term inflation originally referred […]

INFLATION & DEFLATION

Concept and Definition of Inflation In general, inflation means the increase in general price level or decrease in purchasing power of money (or value of money). Inflation usually refers to a general rise in the level of prices of goods and services over a period of time. This is also referred to as price inflation. […]