Problem
You learned the concept of inflation. Consider the dairy industry in the U.S. and develop a two-page essay discussing the following questions.
I. Under what circumstance(s) would U.S. consumers and producers in the dairy sector/industry benefit from inflation in 2020?
II. Under what circumstance(s) would U.S. consumers and producers in the dairy sector/industry lose from inflation in 2020?
III. Is there any biblical principle you can identify based on your discussions from section I and 2II?