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Stables prices - PowerPoint PPT Presentation

Definition : a persistent rise in the general level of prices.

Inflation. Definition : a persistent rise in the general level of prices. Inflation is caused by the interaction of the supply of money with output and interest rates. Stable prices. Stable prices. High rates of inflation can cause a great deal of damage to an economy and its people.

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Stables prices - PowerPoint PPT Presentation

Definition : a persistent rise in the general level of prices.