Purpose of educating parents and students about inflation or increase of price
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Purpose of educating parents and students about inflation or increase of price
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Inflation affects all aspects of the economy, from consumer spending, business investment and employment rates to government programs, tax policies, and interest rates. Understanding inflation is crucial to investing because inflation can reduce the value of investment returns.
Inflation affects all aspects of the economy, from consumer spending, business investment and employment rates to government programs, tax policies, and interest rates. Understanding inflation is crucial to investing because inflation can reduce the value of investment returns.Since inflation is a rise in the level of prices, the amount of goods and services a given amount of money can buy falls with inflation. ... When people anticipate inflation, they can adjust for its consequences in determining future obligations. But unanticipated inflation helps borrowers and hurts lenders.
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