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Write a short note on the meaning and different views on Inflation

For a layman, inflation means a substantial and rapid increase in the general price level which causes a decline in the purchasing power of money. Inflation is statistically measured in terms of percentage increase in the price index per unit of tune (usually a year or a month).

By |2010-12-28T17:02:26+00:00December 28, 2010|Banking|Comments Off on Write a short note on the meaning and different views on Inflation
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