Question: Inflation is defined as increases in the average prices in the economy. The February 2022 inflation rate is 7.9% which is the highest in the
Inflation is defined as increases in the average prices in the economy. The February 2022 inflation rate is 7.9% which is the highest in the last 40 years. Have you noticed the price increases in your daily life? What goods are increased by the most? and by how much? What do you think are the causes of the recent inflation? How do you cope with the inflation?
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