A consistent increase in the general level of prices is called

Name: A consistent increase in the general level of prices is called
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Inflation refers to a consistent increase in the general level of prices across the economy. This can be caused by a variety of factors, such as an increase in the money supply, growing demand for goods and services, or a decrease in the supply of certain goods. Inflation erodes the purchasing power of money over time, and can have a range of economic and social impacts.

A Consistent Increase in the General Level of Prices Is