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  3. the several variations on inflation?

The several variations on inflation?

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Economics

Theseveral variations on inflation?

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Inflation is the rate of increase in price level of certain basket of goods and services over a particular period of time It is expressed in percentage and indicates the reduction in purchasing power of a currency A small rate of inflation is desirable since it promotes growth by encouraging the increase in output Depending on the speed by which it rises inflation can be classified in various categories Inflation can also be particular to a certain asset class    See Answer
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