2006-06-25 11:46:39 · 3 answers · asked by dena 1 in Business & Finance ➔ Personal Finance
What she said. Though over time all prices just keep climbing by the decade...
2006-06-25 11:55:05 · answer #1 · answered by Indigo 7 · 0⤊ 0⤋
There are two kinds of inflation.
The obvious is the noticiable increase in the price of a product or service.
The less obvious is a drop in quality, including services.
This double inflation has been occuring for many years.
Our economy is constantly inflating and with the global economy,
we are more susceptable to fluctuations in the international monetary exchange rate.
2006-07-02 08:30:27 · answer #2 · answered by ed 7 · 0⤊ 0⤋
Actually, both.
Prices are going down on some items (computers, for example). And prices are going up on others (like gasoline)
2006-06-25 11:51:05 · answer #3 · answered by jamie5987 4 · 0⤊ 0⤋