The reasons on inflation affecting the prices of goods and services. Introduction: Inflation is the degrading of cash set apart by a maintained pattern of rising costs in the economy. At the end of the day, the estimation of every dollar is less, which makes the general cost of products increment.

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Chapter 1.4B, Problem 3CC

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To determine: The reasons on inflation affecting the prices of goods and services.

Introduction: Inflation is the degrading of cash set apart by a maintained pattern of rising costs in the economy. At the end of the day, the estimation of every dollar is less, which makes the general cost of products increment.

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