Explain how inflation affects various sectors of the economy

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Reference no: EM133477658

Case: Inflation is still a problem for the US economy even though prices are rising more slowly than they were a few months ago. It is important that you understand what it is and how it will affect you. Your assignment is to write a paper of length four to five pages on Inflation using the APA format. Please refer to the information provided by the librarian to learn about APA format.

Here are some guidelines for writing the paper.

  • Provide a clear definition of inflation.
  • Explain how inflation affects various sectors of the economy, for example: businesses, workers, retirees, lenders and borrowers.
  • What do the experts say are the main reasons for the current level of inflation.
  • How can Congress, the President and the Federal Reserve influence inflation.

Reference no: EM133477658

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