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I. Select one industry that has been impacted by inflation. II. Identify if it was unanticipated or anticipated inflation. III. How has inflation levels in
I. Select one industry that has been impacted by inflation. II. Identify if it was unanticipated or anticipated inflation. III. How has inflation levels in this industry fluctuated over the past decade? IV. Explain two (2) main factors contributing to the observed inflation trends in this industry V. Determine two (2) of the socio-economic consequences of high inflation in this industry VI. What policy measures, if any have been implemented to address inflation in this industry VII. In the group's opinion, what are the prospects for inflationary pressures or stability in this industry in the near future? VIII. Download STATIN"S CPI brochure and complete a survey amongst the group members to see what makes up their monthly consumption basket and the prices on average associated with them.- Make comparisons
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