
Money Kumar: And how much did your t-shirt cost a year ago? Children: Yes! Rs 250. Children: I don't know, but when we want to buy this t-shirt, my mother was complaining about prices being high.... Money Kumar: Yes, that's it. The prices of goods and services keep increasing with time. So the value of the currency keeps decreasing. Children: You mean, you can buy less with the same money or pay more for the same quantity of goods? |