Glossary

Reset Glossary
inflation rate

Subject: 

  • Economics

the rate at which the prices of a wide range of goods and services increases over an extended period of time.

Related Terms: 

inflation

Related Content

mixed economic system
Subject:
Economics

a combination of market capitalism and central planning.

gross capital formation
Subject:
Economics

(also called investment) the capital goods bought by government and businesses.

GDP at factor cost
Subject:
Economics

the amount of money that firms actually receive for the output that they produce

ecotourism
Subject:
Economics

responsible travel that conserves and sustains the environment and the welfare of local people...

natural environment
Subject:
Economics

an environment that is as close as possible to its natural state.