Inflation means pay is now falling

Inflation means pay is now falling

Assessment

Interactive Video

Business

University

Hard

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The video discusses the real-world impact of inflation and wage growth on prices and spending power. It highlights how shop owners manage rising costs and the disparity between wage growth and inflation, affecting purchasing power. The video also explores the impact on families, especially those on benefits, and provides a future outlook on wages and inflation.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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