Question

inci behar had been putting a portion of her salary in a account at her local bamk. one of the things she had been saving for was a trip to the united states." i wonder if inflation will have any affect on my vacation plans" she thought, a how might the inflation in turkey make it difficult for inci to visit the united states? B is there anything inci might to to protect her vacation plans?

Answer 1

Answer:

An inflation of a disease may make the airports unwilling to allow her into the U.S. as to not spread the inflation further. A test result approved by a medical proffessional showing that she personaling has not been subjected to or showing any symptoms of this inflation.

Answer 2

Inci Behar will have a severe impact by the inflation as the prices of commodities are expected to go up by averagely 5% every year and the interest rate she will get will might not even appreciate her money.

Inci Behar can deploy her money elsewhere other than a bank account so as to beat the inflation rate as well as get a good annual rate of return on her investments.

• Inflation refers to a decrease in purchasing power of a commodity by a person which may occur due to passage of time or due to the policies implemented by the government.

• Investments in better secured markets will help her secure good returns as well as her money may get appreciated over the course of time, some of suggestions where he could deploy money are stocks, mutual funds, etc.

• To be able to afford her trip to the United states of America Inci Behar could take out the money out of her bank account as interest received wont beat inflation and invest the same into stocks or mutual funds.

Hence, to be able to go on a vacation in the US Inci should deploy her money into better investment markets.

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