Inflation, Marketing Management

Inflation

The overall and general increment in price level for goods and services in a particular economy. Inflation can be viewed by a raise in the general cost of living or as an erosion of purchasing power. Inflation is a state of macroeconomic disequilibrium, commonly related with strong demand pressures on the economy.

Posted Date: 10/17/2012 2:46:20 AM | Location : United States







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