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

a.

inflation

b.

prices

c.

supply and demand

d.

taxation

e.

deflation

Question

Mathematics

Christian Boone

28 December, 11:08

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

a.

inflation

b.

prices

c.

supply and demand

d.

taxation

e.

deflation

+3

Answers (2)

Know the Answer?

Priscilla Lowery · Answer 1

Priscilla Lowery 28 December, 13:33

0

Im pretty sure its inflation

Aryanna Franklin · Answer 2

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.

The statement "Today, the dollar is worth about 45 cents," describesa.inflationb.pricesc.supply and demandd.taxatione.deflation

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

a.

inflation

b.

prices

c.

supply and demand

d.

taxation

e.

deflation