The document discusses various topics related to inflation including: 1. Inflation is defined as a rise in general price levels reported as a rate of change which reduces the purchasing power of money. 2. Inflation can be caused by increases in the money supply, reductions in goods available, decreases in demand for money, and increases in demand for goods. 3. Effects of inflation include a reduction in purchasing power of currency, changes to spending habits, speculation, and impacts to income distribution between lenders and borrowers.

1. Mr. Rey Belen INFLATION

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