What is inflation? Select the best answer from the choices provided. when a particular product becomes more expensive over time when a particular product becomes less expensive over time when products generally become less expensive over time when products generally become more expensive over time

Inflation in general is the situation when the money looses its value over time: so 100 dollars are suddenly worth less than they used to be worth before: they have less purchasing power than before. This means that the prizes with rise to keep the purchasing power stable

The correct answer is: when products generally become more expensive over time