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How can I respond back to post give a short response: a)The product that I have decided to choose to examine is McDonalds Hamburgers. Inflation
How can I respond back to post give a short response: a)The product that I have decided to choose to examine is McDonalds Hamburgers. Inflation affected the price of McDonalds Hamburgers all around in the United States. To calculate and see how inflation affected the price of McDonalds Hamburgers then we will calculate the price doe McDonalds Hamburgers in 1995. Then we will compare it to the current price of McDonalds Hamburgers. The price of McDonald Hamburgers in 1995 price was $0.85. By using the inflation calculator $0.85 in 1995 to equal to $1.76 in 2024. The price of a McDonalds Hamburger now is $1.89. Compared to what is to be expected as of now a McDonalds Hamburger is $0.13 more. The price of just a McDonalds Hamburger has increased over time due to inflation. Taxes, regulations, and supply and demand also influence the change in price and how much inflation can affect the price of a McDonalds Hamburger. Inflation causes prices to increase which results in consumers income to decrease. As time goes on inflation decreases the power of money. There are many different groups that are affected by inflation. b) There are many different groups that are affected
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