Which of the following best describes inflation?
A. There is a general decrease in prices.
B. The value of money decreases.
C. There is a surplus of products on the market.
D. There is an increase in purchasing power.

Inflation The generalized and sustained increase in the level of prices existing in the market over a period of time, when the general level of prices increases. That is to say, that inflation reflects the diminution of the purchasing power of the currency: a loss of the real value of the internal medium of exchange and unit of measure of an economy. A frequent measure of inflation is the price index, which corresponds to the annualized percentage of the general price variation over time (the most common is the consumer price index).

Which of the following best describes inflation? A. There is a general decrease in prices. B. The value of money decreases. C. There is a surplus of products on the market. D. There is an increase in purchasing power.

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Which of the following best describes inflation?
A. There is a general decrease in prices.
B. The value of money decreases.
C. There is a surplus of products on the market.
D. There is an increase in purchasing power.