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what is inflation?

Answers were Sorted based on User's Feedback



what is inflation?..

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

what is inflation?..

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

what is inflation?..

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

what is inflation?..

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

what is inflation?..

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

what is inflation?..

Answer / ashish garg

when the money is not able to purchase much more goods then
the befor days.

Is This Answer Correct ?    0 Yes 0 No

what is inflation?..

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

what is inflation?..

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

what is inflation?..

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

what is inflation?..

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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