If prices seem like they are always rising, you’re not making it up. Inflation refers to across-the-board changes in prices, and calculating how much prices change over time is a big part of macroeconomics.
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Chapters:
0:00 – Introduction
1:27 – Is Inflation Always A Bummer?
2:34 – Percentage Growth Rate
4:29 – Inflation Rate and Price Indexes
5:28 – Understanding Purchasing Power
7:18 – Other Costs of Inflation
11:24 – Conclusion
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