What Is Inflation?

February 6th, 2009 Comments off
Share |

One generally knows inflation as a scenario where there is an increase in the general price level of various goods and services and where the value of money declines steadily.

Some describe inflation as:-

  • Too much money chasing few goods.
  • Value of money or the purchasing power of money is declining
  • The general price level of goods and services are getting more expensive
  • Cost of living is getting higher

[ Click here for Content page for all articles on Inflation ]

Comments are closed now.

Financial Accounting

 
 

Advertise Here | Brain Teasers/Puzzles | Greeting Cards | Inspirational Quotes | Jokes/Humor | Useful Links | Motivational Stories | Resource | Shopping | Share/Express Your Views | Testimonials | Universities/Colleges | Words of Wisdom from Religions | FREE POSTING OF ACCOUNTING & FINANCE JOBS VACANCY|