Inflation.

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QRMVERAN

Economics

Description

What is inflation and how it is measured. What role does it play in our economy and list some specific strategies that can be used for controlling inflation? Two to three substantive paragraphs 150+ total words and include at least one APA-formatted citation/reference.

https://www.youtube.com/watch?v=aa_-oVueQjc

https://www.thebalance.com/what-is-being-done-to-c...

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Explanation & Answer

Attached.

Running Head: INFLATION

1

Inflation
Student’s Name
Institution of Affiliation
Course
Date

INFLATION

2
Inflation
Definition

From the perspective of economics, Inflation is basically a constant increase in the
general price of goods and services in a given economy over a specified period of time
(Kimberely, 2018). An increase in the level of prices results to fewer goods and services which
are bought by each currency unit. Therefore,...


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