Explain How Inflation Can Be "Built into the System

question 54

Essay

Explain how inflation can be "built into the system."

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Definitions:

American Government

The political system of the United States, characterized by a federal structure, a system of checks and balances, and democratic principles.

Constitution

The system of fundamental principles according to which a nation, state, corporation, or the like, is governed.

Liberal Democracy

A form of democracy emphasizing liberty of individuals.

Liberties of the Individual

The rights and freedoms that belong to each person, which allow for the expression of self and protection from external control or interference.