a. Determine the current inflation rate for the Bahamas b. Explain the types of inflation currently being
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Question:
a. Determine the current inflation rate for the Bahamas
b. Explain the types of inflation currently being experienced in the Bahamas, is it anticipated or unanticipated?
c. Relate three things, citizens should be aware of when inflation occurs.
d. Identify a good in the Bahamas where inflation has occurred and illustrate the impact of the change in prices using current values using the AD/AS model. (source the data and identify the dates accurately)
e. Cite the reason for the inflation given in (d)?
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