Latitude of place is indicative of its temperature. In geography, latitude is a geographic coordinate that specifies the north–south position of a point on the Earth's surface. Latitude is an angle which ranges from 0° at the Equator to 90° at the poles.
In economic terms, inflation is the rise in the prices of goods and services in the given economy over a period of time. As the prices rise, each unit of the country's currency will buy fewer goods and services.
when the purchasing power of a currency go down then more money comes to the market it is called inflation.
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