Find out inflation to be higher or lower over in next year

Reference no: EM13715541

Explain the answer of the given questions

Question 1- Inflation is quoted on an annual basis. So, you need either to look at the inflation reported for the year, or you will need to annualize (i.e., multiply by 12) the monthly number.

Part 1- Do you expect inflation to be higher or lower over the coming year?

Question 2- You have decided to issue your own "money," and use your computer to produce some impressive looking notes.

Part 1- What could you do to increase the chances of these notes being accepted as a means of payment?

I need help to describe the expect inflation to be higher or lower over the coming year.

Reference no: EM13715541

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