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    Did The Pandemic Impact Inflation in Our Country

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    Lara Jade Gomez
    The pandemic impacted inflation in the country by causing more spending as restrictions lifted, increasing demand for goods while supply chain issues caused by the pandemic worsened existing imbalances between supply and demand, leading to rising prices. Low interest rates and pent-up demand for homes also contributed to inflation as the economy reopened following the pandemic.

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    Did The Pandemic Impact Inflation in Our Country

    Uploaded by

    Lara Jade Gomez
    6 views1 page
    The pandemic impacted inflation in the country by causing more spending as restrictions lifted, increasing demand for goods while supply chain issues caused by the pandemic worsened existing imbalances between supply and demand, leading to rising prices. Low interest rates and pent-up demand for homes also contributed to inflation as the economy reopened following the pandemic.

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    Did the pandemic impact inflation in our country

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    The pandemic impacted inflation in the country by causing more spending as restrictions lifted, increasing demand for goods while supply chain issues caused by the pandemic worsened existing imbalances between supply and demand, leading to rising prices. Low interest rates and pent-up demand for homes also contributed to inflation as the economy reopened following the pandemic.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    6 views1 page

    Did The Pandemic Impact Inflation in Our Country

    Uploaded by

    Lara Jade Gomez
    The pandemic impacted inflation in the country by causing more spending as restrictions lifted, increasing demand for goods while supply chain issues caused by the pandemic worsened existing imbalances between supply and demand, leading to rising prices. Low interest rates and pent-up demand for homes also contributed to inflation as the economy reopened following the pandemic.

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    Discussion Web

    Yes No
    Reasons
    The prices of our good increases Even before the pandemic, the
    since the pandemic. prices of our goods gradually rise.

    Now that the economy has opened Did the pandemic Supply and demand were still
    up, more people are spending, impact inflation slightly out of balance prior to the
    causing items to be in great epidemic.
    demand. in our country?
    There are less unemployed citizens
    Low interest rates have boosted before the pandemic.
    demand for homes, which has a
    Conclusion
    considerable backlog.

    Inflation rises when demand The pandemic is one of the major events
    outstrips supply early in a recovery, that impacted the inflation in our country.
    but COVID-19 consequences have As the restrictions regarding the pandemic,
    worsened this trend. more people are spending money causing
    some items in high demands. The inflation
    In the market, supply and demand continues to rise as the supplies and
    are out of balance. demands are out of balance, which
    worsened when the pandemic strikes in our
    country.

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