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The more inflation grows; the fewer commodities your money can buy.
- How might a high school student’s experience with inflation differ from an employed urban adult?
Typically a high school student lives at home with his/her parents and is provided food, shelter, and many other needs. The student may not be aware of the money it takes to clothe, feed and support him/her...
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The student may not be aware of the money it takes to clothe, feed and support him/her. If they don't pay the bills, why should they care about inflation?
An employed urban adult has to support himself/herself and are very aware of how much a dollar is worth. If the prices of gas, food and clothing rise, but their income remains the same the adult needs to find away to compensate for inflation or rising costs by either not purchasing items or substituting other items to make his/her money stretch...
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