(Economics )Pick ONE of the individuals below and explain how inflation impacts that person.

Be sure to include examples from the lesson.

1. A 75-year old retired worker living on a monthly fixed income.

2. A single parent who has been working a minimum wage job for the last 5 years.

3. A small retail business owner.
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Which organization was established to train the hard-core unemployed? - better business bureau- equal employment opportunity commission- environmental protection agency- affirmative action committee- national alliance of business

Any point on a country's production possibilities frontier represents a combination of two goods that an economy:

Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact thatmr=mc at the optimal quantity for each firm. furthermore, a monopolistically competitive firm's average total cost in long-run equilibrium isless than the minimum average total cost. true or false: this indicates that there is a markup on marginal cost in the market for engines. true false monopolistic competition may also be socially inefficient because there are too many or too few firms in the market. the presence of the externality implies that there is too little entry of new firms in the market.