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1. Define inflation. How is the rate of inflation measured? (3m) 2. Explain THREE types of inflation (6m ) 3. How can inflation be controlled?(4m)

1. Define inflation. How is the rate of inflation measured? (3m)

2. Explain THREE types of inflation (6m )

3. How can inflation be controlled?(4m)

4. What does consumer price index (CPI) mean?

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