12/04/2022
There are situations when economic instability in the country causes fear among the population. Even if a person has formed a financial cushion, misunderstanding of many definitions can lead to loss of capital. Let's consider frequently used terms in economics.
Inflation
As an economic phenomenon, inflation is an increase in the general level of prices for goods and services. In other words, every year for the same amount of money you can buy fewer and fewer products