Problem
1. What is inflation? If the price of swimming pools rose during an extremely hot summer, would this be inflationary? How does one measure inflation?
2. Are there some "unemployed" rental houses (apartments) in the town (city) where you live? Why? If the occupancy rate were 100 percent, do you think this would be a sign of economic efficiency? Explain.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.