Inflation is defined as a sustained increase in the general level of prices for goods and services. It is measured as an annual percentage increase. As inflation rises, every dollar you own buys a smaller percentage of a good or service. The value of a dollar does not stay constant when there is inflation.
White Pine County is a county located in the U.S. state of Nevada. As of the 2010 census, the population was 10,030. Its county seat is Ely. It is the home of Great Basin National Park.
Though the railroads connecting the First Transcontinental Railroad to the mines in Austin and Eureka have long been removed, the railroad to Ely is preserved as a heritage railway by the Nevada Northern Railway and known as the Ghost Train of Old Ely. As of the 2010 census, the population was 4,255.