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Inflation reduces purchasing power and affects employment and economic shifts. Measured using tools like the consumer price index (cpi) to track price changes. Study with quizlet and memorize flashcards containing terms like __________ implies that pressure for price increases reaches across _______________markets, not just one. Study with quizlet and memorize flashcards containing terms like what is inflation?, what is the inflation rate?, what is the cpi? Lecture # government affects our lives everyday americans expect a lot from their government keep us safe yet protect individual liberty and privacy support the weakest and yet keep taxes.
