In 2022, the United States saw an inflation rate of the US D…
In 2022, the United States saw an inflation rate of the US Dollar ranging from 7% – 9% throughout the year. During this time, the consumer price index (CPI) and overall cost of living for most Americans increased substantially. Additionally, the increase in inflation of the US Dollar affected the profitability of most businesses operating in the United States. Based on what is written above, what classification of risk best describes the inflation rate of the US Dollar?