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PLEASE HELP ! 7. Explain the concept of inflation. Give a real life example. 8. Draw a basic supply and demand curve. Which one (supply

PLEASE HELP !
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7. Explain the concept of inflation. Give a real life example. 8. Draw a basic supply and demand curve. Which one (supply or demand) slopes downward? Which one (supply or demand) slopes upward? What does this mean? What do you call the part where they intersect? Eng (Led States) 2105

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