Inflation is associated with devaluation of money caused due to which of the following changes in price

Constant price

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Increasing price

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Decreasing price

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Zero price

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Solution

The correct option is B
Increasing price

Inflation refers to a rise in price levels. Hence, inflation is associated with the increasing prices of goods and services causing devaluation of money.

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If price drops and people are not willing to pay increased prices despite having more money, this leads to inflation.

During inflation, the increase in the prices of goods and services decreases the value of

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