Examlex
What factors will shift the supply and demand for currency?
Inflation
An economic condition characterized by an overall increase in prices and decrease in the purchasing value of money.
Deflation
A decrease in the general price level of goods and services, often indicating a contraction in the amount of money in circulation.
Consumer Price Index
A measure that examines the weighted average of prices of a basket of consumer goods and services.
Typical Consumer
A typical consumer represents an average or standard unit of analysis in economic models, used to predict behavior patterns in the marketplace.
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