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40. A news magazine found that between 1997 to 2021 various prices of different goods changed considerably. Some goods, like hospital services increased in price
40. A news magazine found that between 1997 to 2021 various prices of different goods changed considerably. Some goods, like "hospital services" increased in price a great deal, and others like "TVs" fell in price by about 45%. The article noted that the average change in price was a 55.6% increase, and it called this "inflation." a. Would you call this inflation? Or would you describe this as something else? b. Given your answer, is there any significant meaning to the 55.6%
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