ECONOMICS NOTES for SSC CHSL EXAM

Posted byadmin January 21st, 2017 11:01 am Add as a preferred
source on Google

Inflation

Definition: A rise in the general level of price in an economy. That is sustained over time.

• The opposite of Inflation in ‘deflation’.
• Inflation, in general, is just a price rise.When the general level of prices is falling over a period of time it is called deflation.
  CLICK HERE FOR THE NOTES