Question: 1. 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.

1. 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 Japan was 100.4 in 2017 and 101.8 in 2020.

c. The price of lithium-ion batteries falls as new production technologies make manufacturing cheaper.

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