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The macro economy

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  • Hyperinflation
    an exceptionally high rate of inflation,
  • creeping inflation?
    a low rate of inflation.
  • Money values:
    values at the prices operating at the time.
  • what is inflation?
    a sustained increase in an economy’s price level.
  • Consumer price index. what does it mean?
    : an index that shows the average change in the prices of a representative basket of products purchased by households.
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