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Categories >> Accounting >> Accounting-AllOther
 
 
 
Question
what is inflation?
 Question Submitted By :: Teju
I also faced this Question!!     Rank Answer Posted By  
 
Answer
inflation is the simultaneous hike in the value of money as 
well as the cost of services or goods.it happens in 
uncertain gaps of periods.its a complete economical term.
ex-          1994                 1995
rice          15/kg                20/kg
salary        800/month            1100/month
 
0
Saroj Kumar
 
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