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Historic inflation rates - PowerPoint PPT Presentation

Inflation accounting

Inflation accounting. All countries have inflation in their currencies. Even if relatively modest, this inflation will eventually distort historical values. A 5% inflation rate will halve the value of a currency in 15 years.

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DO NOW:

DO NOW:. What are some products that you buy? Think back over the last few years, have the prices of those goods (and services) remained constant? Have they gone down? Have they gone up? Make a list of products that now cost you more money. What is Inflation?.

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Historic inflation rates - PowerPoint PPT Presentation

Inflation accounting

DO NOW: