xiaxia910000
Inflation generally refers to the phenomenon of a decrease in the value of the unit of currency and a rise in general level of prices of goods and services,because the money supply exceed the actual need in circulation. Its essence is that the total demand of society is greater than the total supply.
别惹阿玉
通货膨胀:inflationApersistentincreaseinthelevelofconsumerpricesorapersistentdeclineinthepurchasingpowerofmoney,causedbyanincreaseinavailablecurrencyandcreditbeyondtheproportionofavailablegoodsandservices.由于市场上通货和信用货币增到超过市场所提供的商品和服务而导致的消费品价格水平的持续上涨和货币购买力的持续下跌通货紧缩:deflationApersistentdecreaseinthelevelofconsumerpricesorapersistentincreaseinthepurchasingpowerofmoneybecauseofareductioninavailablecurrencyandcredit.通货紧缩:由于可获得货币和信贷的减少,导致消费品价格水平的持续下降或货币购买力的持续提高
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