Jump to... 6/1 712018 10:00 PM O 14.8/50 Gradebook Print Cakulator 20 Question 1
ID: 1154567 • Letter: J
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Jump to... 6/1 712018 10:00 PM O 14.8/50 Gradebook Print Cakulator 20 Question 16 of aping Learning Map doo Please match the folowing statements to the appropriate inflation term. Each bin will have more than one iterm Inilation Deflation Hyperinflation For the past month, Dee Major In general, prices have an upward trend. Prices are gradually increasing. On grown by 100% this week. prices have ices that when she does her weekly she has more money and more with each progressive week even though she is buying the same items. Bob Dwyer has seen a pattern For the most part, the price Izzy Seltzer notices an overal emerge over the past few days. level is gradually decreasing. increase in what he pays for Each day, the prices of many goods are literally doubling the goods and services that he uses almost daily over the past -night to his great over Previous Give Up & View Solution Check AnswerextExit Hint about us careers privecy polcy terms of use contact us helpExplanation / Answer
Inflation is the rate at which the general level of prices for goods and services irises and, consequently, the purchasing power of currency is falling.
In general prices have an upward trend prices are gradually increasing .
izzy seltzer notices an overall increase in what he pays for the goods and services that he uses almost daily over the past few months.
Deflation is the general decline in prices for goods and services occurring when the inflation rate falls below 0%.
For the past month , Dee major notices when that when she does her weekly shopping she has more and more leftover money with each progressive week even thugh she is buying the same item.(purchasing power of currency rising)
for most part the price level is gradually deacreasing .
Hyperinflation is extremely fast or out-of-control inflation. Hyperinflation occurs when price increases are so wild that the concept of inflation is meaningless.
on averge prices have grown by 100% this week
Bob Dwyer has seen a pattern emerge over gthe past few days . each day the prices of many goods are doubling overnight to his great surprise .
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