Inflation occurs when the prices of goods and services increase over time. Inflation cannot be measured by an increase in the cost of one product or service, or even several products or services. Rather, inflation is a general increase in the overall price level of the goods and services in the economy.
Elverson, Pennsylvania. Elverson is a borough in Chester County, Pennsylvania, United States. The population was 1,225 at the 2010 census. Settled near the region's early iron mines, Elverson is close to Hopewell Furnace National Historic Site, an example of a 19th-century iron plantation.
Califon was a station on the High Bridge Branch of the Central Railroad of New Jersey. The rail line was abandoned in 1976 and now serves as a Hunterdon County-administered rail trail called Columbia Trail, which runs south to High Bridge and north to points in Morris County.