• Narrate how inflation relates to this picture event below. Define what is Inflation, what is the present inflation rate, why does it surge higher, and how does inflation affect the lives of consumers, the livelihood of the vendors, and the economy of the philippine country? What are the possible solutions we can do, especially our current administration to lower the inflation rate?

PRICE PER KILO FRESH WHOLE CHICKEN : 160 MAGNOLIA WHOLE CHICKEN IGO BREAST : 160 LEGS : BREASTIP: 170 ATAY: 170 ATAY BALUNAN: 160 DRUMSTICK: 170 WINGS: 170 BACKBONE : 130 THIGH MEAT: 170 14 THICH PART: 140 LEEG : 90 PAA : 90 PAL