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Principles of Microeconomics

7th Edition
N. Gregory Mankiw
ISBN: 9781305156050

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BuyFindarrow_forward

Principles of Microeconomics

7th Edition
N. Gregory Mankiw
ISBN: 9781305156050
Textbook Problem

What is inflation and what causes it?

To determine

The causes of inflation.

Explanation

Inflation is a continuous increase in the general price level of goods and services in an economy over a period of time. When a government creates large qua...

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