Tierra and Alexis opened a store last year. They sell video game consoles, games, and accessories. They have noticed that the prices for their inventory have been increasing over the course of the year. This is most likely a sign of

Question

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Inflation is characterized by a general increase in prices and fall in the purchasing value of money, which aligns with the scenario where the prices for inventory (video game consoles, games, and accessories) have been increasing over the year.

Tierra and Alexis Opened a Store Last Year