Inflation. Inflation is a measure of the buying power of your dollar. For example, if inflation this year is 5%, then a given item would be expected to cost 5% more at the end of the year than at the beginning of the year. Figure 2.8 shows the rate of inflation in the United States for the given years. 1980 1985 1990 1995 2000 2005 2010 2015 Rate of inflation

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section1.2: Graphs Of Equations In Two Variables; Circles
Problem 111E
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Inflation. Inflation is a measure of the buying power of your dollar. For example, if inflation this year is
5%, then a given item would be expected to cost 5% more at the end of the year than at the beginning of
the year. Figure 2.8 shows the rate of inflation in the United States for the given years.
1980 1985 1990 1995 2000 2005 2010 2015
Rate of inflation
Transcribed Image Text:Inflation. Inflation is a measure of the buying power of your dollar. For example, if inflation this year is 5%, then a given item would be expected to cost 5% more at the end of the year than at the beginning of the year. Figure 2.8 shows the rate of inflation in the United States for the given years. 1980 1985 1990 1995 2000 2005 2010 2015 Rate of inflation
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