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Possible Question
Possible Question
For the purposes of this study certain terms were conceptually and operationally defined
for clearer understanding and clarifications, as point of references.
Economic Inflation refers to the rise in prices, which can be translated as the decline of
purchasing power over time. The rate at which purchasing power drops can be reflected in the
average price increase of a basket of selected goods and services over some period of time. The
rise in prices, which is often expressed as a percentage, means that a unit of currency effectively
buys less than it did in prior periods. Inflation can be contrasted with deflation, which occurs
when prices decline and purchasing power increases. https://www.investopedia
.com/terms/i/inflation.asp(retrieval date: September 13, 2022)
In this study, “Economic Inflation” referred to the rising in prices of goods and services
in the economy. Prices refers to the amount of money that has to be paid to acquire a given
product. Insofar as the amount people are prepared to pay for a product represents its value, price
is also a measure of value. https://www.britannica.com/topic/price-economics (retrieval date:
May 11, 2018)
In this study, “Prices” referred to the amount of goods and services that they offer.
Transportation refers to a system that moves people from one area to another in an efficient,
affordable manner. https://www.remix.com/blog/8- benefits-of-public-transportation (retrieval
date: January 25, 2021)
In this study, “Transportation” referred to the vehicles or system of vehicles that conveys
passenger from one place to another. Lifestyle refers to the typical way of life of an individual,
group, or culture. https://www.merriamwebster.com/dictionary/lifestyle
In this study, “Lifestyle” referred to the people's daily tasks and activities at work, as well as
their interests, pastimes, and dietary habits. Finance refers to the process of raising funds or
capital for any kind of expenditure. Consumers, business firms, and governments often do not
have the funds available to make expenditures, pay their debts, or complete other transactions
and must borrow or sell equity to obtain the money they need to conduct their operations
https://www.britannica. Com/topic /finance (retrieval date: August 12, 2019)
In this study, “Finance” referred to the money and financial instruments that are a part the
financial activities that support the lives of people, businesses, and governments, such as
banking, borrowing, saving, and investing. Social Activity refers to an event or pursuit that
brings members of the community together. https: //psychologydictionary.org/social-activity/
(retrieval date: November 20, 2022) In this study, “Social Activity” referred to interacting and
conversing with people in different social structures, such as the workplace, educational
institutions, and cultural institutions. Health refers to a state of complete emotional and physical
well-being. https://www.medicalnewstoday .com/articles/150999 (retrieval date: April 19, 2020)
In this study, “Health” referred to the state of everyone in mental, emotional and
physical.