_______ is associated with high price, which causes decline inpurchasi

1.	_______ is associated with high price, which causes decline inpurchasing power or value of money
Answer» The answer is INFLATION. An economy is said to be going through inflation, when prices GO up and purchasing power come down. It is ALSO expressed as a percentage and indicates the decrease in purchasing power of a country’s monetary unit. The term ‘inflation’ is generally used by PEOPLE to indicate increase in prices.

_______ is associated with high price, which causes decline inpurchasing power or value of money

Answer»

The answer is INFLATION.

An economy is said to be going through inflation, when prices GO up and purchasing power come down. It is ALSO expressed as a percentage and indicates the decrease in purchasing power of a country’s monetary unit.

The term ‘inflation’ is generally used by PEOPLE to indicate increase in prices.

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_______ is associated with high price, which causes decline inpurchasing power or value of money

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