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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 809 |
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According to an article published in June, the current United States unemployment rate is 5.5%.
Inflation Rate
Inflation is a general increase in the price of goods and services. Measured annually as a percentage, inflation rate affects the amount a dollar can buy versus previous years. Generally speaking, if the inflation rate for the upcoming year is 2%, something that would cost one dollar today will cost $1...
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Measured annually as a percentage, inflation rate affects the amount a dollar can buy versus previous years. Generally speaking, if the inflation rate for the upcoming year is 2%, something that would cost one dollar today will cost $1.02 next year. Two reasons for inflation are Demand-Pull and Cost-Push inflation...
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General points of the essay
Economic Concern: Unemployment Rate
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