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The concept of inflation

In chapter 5, you learned the concept of inflation. Please read the article published in BBC, and discuss your opinions on whether U.S. consumers and producers in the dairy sector/industry benefit from inflation in 2017? (Biblical application is required)


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– All papers must use a minimum of 3 sources. You must cite only peer-reviewed journal articles although the textbook is an acceptable source (however, keep in mind that the textbook is not peer-reviewed resource though).

– You MUST NOT cite online sources or any articles without year of publication and author’s name. Also, you should not cite Wikipedia and investopedia.

– All papers must follow all APA requirements. (I am only looking for accuracy of APA formatting for references)

Also, please refer to the following link, to learn more about APA style and formatting.


– Do not just provide your opinions but your essay must demonstrate mastery and accuracy of relevant economic concepts and theory to receive full credit

– Minimum words requirement: 800 words (not including abstract, title and reference pages)

Refer to the rubric below:

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