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a general increase in prices and fall in the purchasing value of money.

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I understand inflation by thinking one day prices will be so high that a $5 bill will mean the same to us as a $1 bill does today.

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Demand-Pull inflation, Cost-Push inflation and Built-In inflation.

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What was the inflation rate in the past 2 years

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What was the inflation rate in the past 2 years

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The 2017 inflation rate was 2.13%. The inflation rate in 2018 was 2.44%.

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By reducing inflation.

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One of the basic causes of inflation is the economic principle of supply and demand. As demand for a particular good or service increases, the available supply decreases. When fewer items are available, consumers are willing to pay more to obtain the item.

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It can be caused by a economy growing to fast.

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20 years ago the movies would cost either less than a dollar or a little over. Now, in today's world it costs about $8

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Inflation is,the value of a dollar falls below purchase value