Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Is Inflation getting better? Read Less * Over the past few months' inflation has begun to slightly fade. While there are still things that are

image text in transcribed
Is Inflation getting better? Read Less * Over the past few months' inflation has begun to slightly fade. While there are still things that are the same price as before, people are starting to feel the relief a little. Shipping prices has gone down, beef and cotton prices have gone down. In December, the consumer price has gone down 0.1%. However, prices are still way above the prices they were a year ago. Mark Zandi, chief economist of Moody's Analytics said, "Prices aren't falling, it is just that the rate of increasing is slowing." All we can do is just wait and see where the prices are headed. But some economists are not too sure if the US could go into a recession this year. Source: https://www.cnbc.com/2023/01/25/inflation-is-cooling-but-high-prices- will-stick-around.htmlg What is the thesis of your Response? Summarize your perspective 0 / 255 A Include a summary of your Response to make your perspective clear. Defend your Response * B I E > fx Make the case for your perspective! Why do you believe the argument you are making in your response is correct or valid? What data or examples can you include to support your perspective

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Economics The Basics

Authors: Michael Mandel

2nd Edition

0073523186, 9780073523187

More Books

Students also viewed these Economics questions