What is meant by inflation write down the causes of

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What is inflation? What are the causes of inflation? Is inflation desirable and what can be done to control inflation in a market economy?

What is the Consumer Price Index (CPI)? How has the CPI behaved since the year 2000? What have been the causes of these changes? In your response, include a graph of the CPI for this period and cite your source.

Reference no: EM13392427

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