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What happens to prices during a time of inflation? *
2 points

Sagot :

During inflation things became more expensive

Answer:

La inflación, en economía, es el aumento generalizado y sostenido de los precios de los bienes y servicios existentes en el mercado durante un período de tiempo, generalmente un año. Cuando el nivel general de precios sube, con cada unidad de moneda se adquieren menos bienes y servicios. Es decir, que la inflación refleja la disminución del poder adquisitivo de la moneda: una pérdida del valor real del medio interno de intercambio y unidad de medida de una economía. Una medida frecuente de la inflación es el índice de precios, que corresponde al porcentaje anualizado de la variación general de precios en el tiempo (el más común es el índice de precios al consumidor).

Explanation:

Inflation, in economics, is the generalized and sustained increase in the prices of goods and services in the market over a period of time, generally one year. When the general price level rises, fewer goods and services are purchased with each unit of currency. In other words, inflation reflects the decrease in the purchasing power of the currency: a loss of the real value of the internal medium of exchange and unit of measurement of an economy. A common measure of inflation is the price index, which corresponds to the annualized percentage of the general change in prices over time (the most common is the consumer price index).

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