Difference between revisions of "Inflation"
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According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
:[[Inflation]]. The amount by which prices increase over time. | :[[Inflation]]. The amount by which prices increase over time. | ||
| + | According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | ||
| + | :[[Inflation]]. A general and ongoing rise in the level of prices in an economy. | ||
==Related concepts== | ==Related concepts== | ||
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*[[Introduction to Financial Management]]. | *[[Introduction to Financial Management]]. | ||
| − | [[Category: Financial Management]][[Category: Articles]] | + | [[Category: Financial Management]][[Category: Economics]][[Category: Articles]] |
Revision as of 07:50, 2 June 2020
Inflation is the amount by which prices increase over time.
Definitions
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Inflation. The amount by which prices increase over time.
According to Principles of Economics by Timothy Taylor (3rd edition),
- Inflation. A general and ongoing rise in the level of prices in an economy.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
