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It cost you $85 to gas up your car this month. But last month it cost you $50. This is inflation
A good example of inflation is " It cost you $85 to gas up your car this month. But last month it on you $50". Option B. This is further explained below.
What is inflation?
Generally, Inflation is simply defined as the pace at which the value of a currency falls and, as a result, the overall level of prices for goods and services rises.
In conclusion, the scenario of It cost you $85 to gas up your car this month. But last month it on you $50 show inflation.
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