Abstract
Inflation refers to the continual increase in prices. The value or purchasing power of money refers to the amount of goods and services one pound can buy. Inflation means the value of money is falling because prices keep rising.
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© 1987 R. Young
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Young, R. (1987). Inflation. In: Work Out Economics GCSE. Macmillan Work Out Series. Palgrave, London. https://doi.org/10.1007/978-1-349-09348-9_17
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DOI: https://doi.org/10.1007/978-1-349-09348-9_17
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-43665-3
Online ISBN: 978-1-349-09348-9
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