Answered: 1. Identify four important strategies…

1. Identify four important strategies which consumers can adopt to deal with inflation. Evaluate the effectiveness of each strategy.

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter13: Measuring The Economy's Performance

Section: Chapter Questions

Problem 23AA

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1. Identify four important strategies which consumers can adopt to deal with inflation. Evaluate the effectiveness of each strategy.

2. What are the benefits of producing and using local goods and services.

3. Identify strategies that can be implemented by a consumer to maintain his or her standard of living after retrenchment.

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