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A "micron" is defined as one-millionth of a meter.The average diameter of a strand of
human hair is 60 microns.How many of these hairs, laid sideways next to each other, would it
take to cover 3 cm?
Demand-Pull Inflation
Inflation that occurs when aggregate demand in an economy outweighs aggregate supply, leading to an increase in prices.
Cost-Push Inflation
It occurs when the overall prices in an economy increase due to rising costs of wages and raw materials.
Employment
A state of having a paid job or occupation, contributing to an economy's workforce.
Anticipated Inflation
Inflation that is expected to occur in the future, as predicted by current economic indicators and analysis.
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