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Terrence has always had trouble with basic math skills. He's embarrassed that for his age he still has trouble counting, adding, and subtracting. When his teacher tries to help he usually just guesses at answers. His teacher is concerned that Terrence is dealing with _____.
Keep Up With Inflation
The process of adjusting spending, saving, or investment strategies to maintain purchasing power as the general price level increases over time.
CPI Increased
An indication that the Consumer Price Index has risen, signifying a period of inflation where consumer goods and services prices have gone up.
Base Year
A specific year chosen as a reference point for financial or economic data analysis.
Purchasing Power
The amount of goods or services that can be bought with one unit of a currency, showcasing its value.
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