what is inflation?
Answers were Sorted based on User's Feedback
Answer / prasanna11149@yahoo.co.in
The rate at which the general level of prices for goods and
services is rising, and, subsequently, purchasing power is
falling.
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / rashmi
Inflation is the rate of increase in the level of prices
for goods and services, which affects the purchasing value
of money
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / m.ravi kanth
inflation occurs when value of money increases .In this
situation goods become very costly and the purchasing power
will be decreased . RBI only have chance of controlling
inflation
Is This Answer Correct ? | 2 Yes | 1 No |
Answer / nimmasudhakar reddy
inflation moves with prices of consumer goods and servises
,no one directly controls inflation because it defends on
prices of goods and services.any one can't understanding
indian inflation at present bcs inflation is minus valus but
prices are very highy
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / kamal
Inflation is an upward movement in the average level of
prices. Its opposite is deflation, a downward movement in
the average level of prices. The boundary between inflation
and deflation is price stability.
Is This Answer Correct ? | 1 Yes | 1 No |
when the money is not able to purchase much more goods then
the befor days.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / kavita kapoor
inflation is the rate in which the cost of living increases
day by day.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / ratheesh
Inflation is a situation where too much money facing too
few goods. Inflation is worst condition for any economy.
It is not good for producers or consumers.
Is This Answer Correct ? | 2 Yes | 3 No |
Answer / ashish
inflation is a situation arise when the price of goods and
services arise and the value of money decreases.
Is This Answer Correct ? | 0 Yes | 1 No |
Answer / parusharam
inflation means increase the value of money and value of the goods.
Is This Answer Correct ? | 0 Yes | 1 No |
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