Controlling Inflation Rates
The article I am writing about today is about Inflation Rate and ways to manage it and how it can be controlled. The article also talks about the Pros and Cons of Inflation Rate and the type of price indexes.
The pattern used in the article that I am reporting to you is geometric. The introduction was first shown to us, then after that it gives us a comprehensive explanation about inflation rates.
Because the article had more content than the introduction, the introduction didn’t really have much information in it, while the content of the article was much more emphasized, detailed, and informative. It was pretty effective because the introduction was very short so that we can go straight to the point and to view what we are really looking for.
The information presented in this article made me realize how Inflation Rate can actually change people’s lifestyle and endanger the economic status of the country because Inflation Rate pretty much changed the expenses of the Filipinos today because some of the Families in the Philippines can't afford groceries and they are struggling to keep up with the increase of prices in the market.
Another reason that Inflation Rate can impact a lot of people (especially us Filipinos) is because of our poor economic status as of right now (gas prices are going up and down from time to time, jeepney fares slowly increasing because of gas prices going up, and etc).
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