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What are the three basic methods of interpersonal communication?
Consumer Price Index
An index that calculates the overall average price of a range of consumer goods and services, which includes transportation, food, and healthcare provisions.
Overstate
To overstate means to describe or value something in a way that is excessively high or inflated beyond its true worth.
Inflation
How quickly the average price level of goods and services escalates, resulting in reduced purchasing ability.
Cost-push Inflation
A type of inflation caused by an increase in the cost of production inputs, leading to a decrease in aggregate supply in the economy.
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