Question: What is inflation? Why do we pay attention to it in BUS 2 2 5 ? How do investors and business leaders view inflation? A

What is inflation? Why do we pay attention to it in BUS 225? How do investors and business leaders view inflation?
A Continual increase in the price level of a standardized basket of goods and services throughout the economy as a whole.
Describe to basics of supply and demand.Randal plans to retire in 10 years. Currently he has $300,000 in his retirement account. He is not planning to make additionat contributions to his account before retirement. The account pays 12%APR. How much will Randal have for retirement in 10 years?
What is inflation? Why do we pay attention to it

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