as a correct response Inflation Deflation Hyperinflation For the past month, Dee
ID: 1223014 • Letter: A
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as a correct response Inflation Deflation Hyperinflation For the past month, Dee Major notices that when she does her weekly shopping, she has more and more leftover money with each progressive week even though she is buying the same items. In general, prices have an upward trend. Prices are gradually increasing. On average, prices have grown by 100% this week. Izzy Seltzer notices an overall For the most part, the price increase in what he pays for evel is gradually decreasing the goods and services that he uses almost daily over the past Bob Dwyer has seen a pattern emerge over the past few days. Each day, the prices of many goods are literally doubling over-night to his great surprise few monthsExplanation / Answer
Answer :- Inflation :-1.) In general, prices have an upward trend.prices are gradually increasing.
2.) 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 :- 1.) For the past month, Dee Major notices that when she does her weekly shopping, she has more and more leftover money with each progressive week even though she is buying the same items.
2.) For the most part, the price level is gradually decreasing.
Hyperinflation :- 1.) Bob Dwyer has seen a pattern emerge over the past few days. Each day, the prices of many goods are literally doubling over-night to his great surprise.
2.) On average, prices have grown by 100% this week.
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