What is inflation?
Inflation is the rise in price of goods and services when too much money chases too few goods on the market. Thank you! ChaCha!
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Older Answers
In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time.
Answered by Zachary S. -
Inflation -- a persistent, substantial rise in the general level of prices related to an increase in the volume of money and MORE?
Answered by Julie V. -
A persistent rise in the general level of prices related to an increase in the volume of money and loss of value of currency
Answered by David G. -
Inflation is when a certain form of currency starts to have less value over time. Mainly two things cause it: people's..more?
Answered by Joseph W. -
Inflation - n 1: a general and progressive increase in prices; "in inflation everything gets more valuable except money." ChaCha!
Answered by Greg P. -
Inflation is when a currency starts to have less value over time; 2 main causes: people's value perception and supply and demand.
Answered by Teresa B. -
Inflation is the rise in price of goods and services when there is too much money in circulation and not enough goods.
Answered by Bethany W. -
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