BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Much More
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Less
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An appropriate amount
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Nothing
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Detailed explanation-1: -As inflation rises, every rupee will buy a lower quantity of goods. Inflation is one of the main factors that reduce the value of your money over time. It means that the money you have at the beginning of the year will get you lesser goods and services at the end of the year.
Detailed explanation-2: -Key Takeaways. The investor is losing money if the inflation rate exceeds the interest earned on a savings or checking account. The Consumer Price Index (CPI) is the most popular way to measure inflation in the United States.
Detailed explanation-3: -Most people understand that inflation increases the price of their groceries or decreases the value of the dollar in their wallet. In reality, though, inflation affects all areas of the economy-and over time, it can take a bite out of your investment returns.