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Inflation refers to a sustained increase in the general level of prices for goods and services in an economy over time. This can be caused by various factors, including increases in production costs, excess demand, or monetary policies. To understand inflation, it is essential to grasp key concepts such as price indexes, consumer prices, and how central banks use monetary policy to control it. By exploring these topics, you will gain a deeper understanding of the complex dynamics shaping your economy and make informed decisions about your personal finances. Visit our website today to start learning!

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