A Simple Definition of Inflation Is an Increase in the Costs

question 62

Short Answer

A simple definition of inflation is an increase in the costs of goods and services.

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Definitions:

Pancreatic Enzymes

Digestive enzymes produced by the pancreas that aid in the breakdown of fats, proteins, and carbohydrates in the intestine.

Trypsin

An enzyme produced by the pancreas that helps in the digestion of proteins in the small intestine.

Chymotrypsin

A digestive enzyme that breaks down proteins in the small intestine into smaller peptides.

Appendix

A supplementary material at the end of a book, document, or presentation that provides additional details or explanations.