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In Social Studies / High School | 2025-07-04

What do inflation rates measure?
A. The total worth of all products produced within a country's borders
B. The value of one currency compared to another
C. The rates at which businesses can borrow money
D. The speed with which general prices are rising

Asked by norbertoacevedojr

Answer (2)

Inflation rates indicate the speed at which general prices are increasing in an economy, affecting purchasing power. The correct answer is option D. Understanding these rates is crucial for informed financial decisions.
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Answered by Anonymous | 2025-07-04

Inflation rates measure the speed at which general prices are rising in an economy. A high inflation rate indicates that the cost of living is increasing, affecting consumers' purchasing power. Understanding inflation is essential for making informed economic decisions. ;

Answered by GinnyAnswer | 2025-07-04

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