Definition of Inflation in Economics N5 - Search Videos

What is inflation? Economics explained

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What is inflation? Economics explained

Inflation is one of the most important concepts in economics. It’s also one of the simplest. It’s just the average rate that prices are rising. A small amount of inflation is healthy for an economy - but how is it calculated and what happens when it gets out of control? Subscribe to The Guardian on YouTube http://is.gd/subscribeguardian The ...

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