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Essay text:
inflation is a cause rather than an effect.
A persistent increase in the level of consumer prices or a persistent decline in the purchasing power of money, caused by an increase in available currency and credit beyond the proportion of available goods and services.
In this definition, inflation would appear to be the consequence or result (rising prices) rather than the cause.
A general and progressive increase in prices; "in inflation everything gets more valuable except money"
CAUSES FOR INFLATION:
Inflation is caused by a combination of four factors.
Those factors are:
The supply of money goes up...
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