Inflation, A continual rise in prices throughout a nation’s economy., Purchasing Power, The value of money; how much goods or services money can buy., Wage, Payment a worker receives for labor, usually as salary or hourly pay., Recession, A period of economic decline marked by falling GDP and higher unemployment., Deflation, A general decrease in prices throughout a nation’s economy., Occur, To happen or take place., Consumer, A person or group that buys goods and services for personal use., Mild, Small or moderate in degree; for inflation, a 2–4% annual price increase., Moderate, Medium in degree; for inflation, a 5–9% annual price increase., Severe, Very high or extreme; for inflation, a 10% or higher annual price incre, Debtor, A person or entity that owes money to a lender., Lender, A person or entity that lends money to a debtor..
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Inflation
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