Which of the following are signs of inflation? a. The price of a house in a high-demand
Question:
Which of the following are signs of inflation?
a. The price of a house in a high-demand market increased by 6% last year.
b. CPI in the European Union was 106 in 2020 and 109 in 2021.
c. The price of lithium-ion batteries falls as new production technologies make manufacturing cheaper.
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The signs of inflation typically involve a general increase in the price level of goods and services ...View the full answer
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Related Book For 
Principles Of Economics
ISBN: 9781319330156,9781319419769
2nd Edition
Authors: Betsey Stevenson, Justin Wolfers
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