Saturday, March 20, 2010

Economy Terms

What is Inflation ?

Inflation is defined as an Increase in the Price of Bunch of goods and Services that Projects the Indian Economy . An Increase in the Inflation Figures Occurs when there is an Increase in the average level of prices in goods and services. Simply we can say Inflation happens when there are less Goods and more Buyers , this will result in increase in the prices of goods , since there is more demand and less supply of the goods . In Inflation everything gets more valuable except money .