Inflation and Society
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Questions and Answers

What is inflation and how is it measured?

Inflation is the rate at which prices increase over a specific time period. It is often measured in terms of the general rise in prices or the rise in a nation's cost of living.

What are the negative effects of inflation on society?

Inflation can lead to financial instability, slow down economic progress, and worsen living standards.

How does inflation affect students in senior high school?

Students in senior high school may face financial difficulties due to the ongoing rise in commodity costs.

Why is inflation considered a negative phenomenon for society?

<p>Inflation is considered negative because it can lead to financial instability, slow down economic progress, and worsen living standards.</p> Signup and view all the answers

____ is often measured in broad terms, such as the general rise in prices or the rise in a nation's cost of living.

<p>Inflation</p> Signup and view all the answers

Inflation can lead to financial _________.

<p>instability</p> Signup and view all the answers

Inflation can slow down _______ progress.

<p>economic</p> Signup and view all the answers

Inflation can worsen ________ standards.

<p>living</p> Signup and view all the answers

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