When the general price level rises, each unit of currency buys - TopicsExpress

When the general price level rises, each unit of currency buys fewer goods and services. Consequently, inflation reflects a reduction in the purchasing power per unit of money – a loss of real value in the medium of exchange and unit of account within the economy. A chief measure of price inflation is the inflation rate, the annualized percentage change in a general price index (normally the consumer price index) over time. Therefore current trends by the jubilee administration fail to fast track the prices might weaken the economy farther

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