Langtímaverðhækkun
Langtímaverðhækkun refers to a sustained increase in the general price level of goods and services in an economy over an extended period. This phenomenon is commonly known as inflation. It erodes the purchasing power of money, meaning that each unit of currency buys fewer goods and services than it did before.
Several factors can contribute to langtímaverðhækkun. Demand-pull inflation occurs when aggregate demand in an economy outpaces
The consequences of persistent langtímaverðhækkun can be significant. It can create uncertainty for businesses and consumers,