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11 November, 03:02

The statement "Today, the dollar is worth about 45 cents," describes

a.

inflation

b.

prices

c.

supply and demand

d.

taxation

e.

deflation

+5
Answers (2)
  1. 11 November, 06:35
    0
    Im pretty sure its inflation
  2. 11 November, 06:41
    0
    Back in the day, a dollar was actually equal to a dollar. Now it's about 45 cent (according to this question). This is indeed inflation. Inflation means an increase in price and a fall in purchasing value of money.
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