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what is inflation?
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Answer / rajesh
Inflation means decrease in the value of money and increase
in the prices of commodites
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / pranay
price of products and services increases is called as
inflation
| Is This Answer Correct ? | 13 Yes | 12 No |
Answer / prasun sengupta
Inflation is one kind of state when imbalance crop up
amongst Demand,Prices and Supply !!Prices Increase so is
the demand but supply decreases .We can the say " Inflation
is an ouput of disparity in Demand,Supply & Prices.It
reduces the Purchase Power capacity ( Less Value for our
Money )
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / ranjith
today's value of money is not equal to the future value of
same amount of money.
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / amit kumar singh
inflation is a rise in the general level prise and
purchasing power decreses or the money today value is not
equal to the future value due to inflation
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / deepak
Inflation is as an increase in the price of bunch of Goods and services that projects the Indian economy. An increase in inflation figures occurs when there is an increase in the average level of prices in Goods and services. Inflation happens when there are fewer Goods and more buyers; this will result in increase in the price of Goods, since there is more demand and less supply of the goods.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / aishwarya pillai
Inflation is fall in value of money/fall in purchasing
power of money.
Eg: My grandfather was able to buy 10 pencils for Rs.10 in
1990. Now my daughter is able to buy 5 pencils for Rs.10 in
2009.This fall in purchasing power of money from 10 pencils
to 5 pencils during 19 years is called inflation. Now your
money will buy you less than what it used to buy 19 years
back.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / preeti sharma
inflation means when product price increased as well as
product demand increased as compare to supply of product in
the market is called inflation
| Is This Answer Correct ? | 5 Yes | 7 No |
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