Inflation

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Title: Inflation

Essay Details:

Subject: Social Issues

Author: Hector G

Date: July 16, 2013

Level: University

Grade: A

Length: 7 / 2012

Essay text:

While the annual rate of inflation has fluctuated greatly over the last half century, ranging from nearly zero inflation to 23% inflation, the Fed actively tries to maintain a specific rate of inflation, which is usually 2-3% but can vary depending on circumstances. opposite of deflation. What is Inflation? The measure of price increases within a set of goods and services over a period of time is known as inflation. The most common gauge of inflation is known as the CPI, or consumer price index, which measure the price increases (decreases) of basic consumer goods and services. The GDP deflator is another very important measure of inflation as it measures the price changes in goods that are produced domestically...

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