Inflation is defined as an economic state where the value of a currency decreases, prices rise, and it takes more units of currency to buy the same amount of goods.

Authors

• Person: Not available Organization: Nicolet College
  Systemic or “Macro” Factors that Affect Financial Thinking

Sources

• Systemic or “Macro” Factors that Affect Financial Thinking nicoletcollege.pressbooks.pub Nicolet College via serper

Referenced by nodes (3)

• inflation concept
• currency concept
• prices concept