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ECON Inflation Spending and Wages 2 .docx - NGPF Econ...

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NGPF Econ CollectionBudgetingECON: Inflation, Spending, and WagesSince it would be quite hard to live our daily lives without buying anything, inflation is somethingwe all have to deal with. In this activity you will discuss what inflation is, compare today’spurchasing power of the U.S. dollar to previous decades, and learn how inflation relates to thewages your job pays you.Part I: How Inflation WorksWatchthis videoto learn more about inflation. Then, answer the questions.1.In your own words, briefly describe how inflation works.

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Term
Winter
Professor
N/A
Tags
Inflation, Salary, United States dollar, d Vicky

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