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.
The township is composed of many communities, including Bensalem, Trevose, Oakford, Cornwells Heights, Eddington, and Andalusia. As of the 2010 census, the township had a total population of 60,427, which makes it the largest municipality in Bucks County, and the ninth largest in Pennsylvania.