Inflation can be calculated in terms of how the overall cost of ___________________ changes over time. all goods the basket of goods all goods and services all services

Respuesta :

One way that inflation can be calculated is how overall cost of all goods and services experience a change with respect to time.

  • Inflation can be regarded as a  rate of increase in prices of goods as well as services in a given period of time.

  • To measure this then the overall goods and services must be considered and how it changes in price with time.

Therefore, Inflation are measured with time.

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