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microeconomics powerpoint .pptx - Inflation In The U.S...

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Inflation In The U.S Today & how It affects us
TheInflationof Gas in2022Gasoline has been at an all time high forthe last few months. It varies from stateto state but it is safe to say that there isa connection between inflation and gasprices. The supply and demand is also aculprit in this unfortunate inflation.According to research about therelationship between inflation and gasprices “higher inflation tends to lead tohigher oil prices. In the longer term, ifthe Federal Reserve raises interest ratesand slows economic growth to controlinflation, oil prices could decline as aresult.”(What Is the RelationshipBetween Oil Prices and Inflation?,2022). Since there is a high demand for
Gas & Inflation
Labor Cost & InflationWhen there is an increase in wages the cost of goodswill also rise. Over the past couple years there hasbeen staff shortages around the world. Due to Covid-19, there has been several incentives at many firmsto gain employees or to keep them. The health careindustry is one example of a place of employmentthat has had to use sign-on bonuses and incentives

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Term
Spring
Professor
Addis

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