Likewise in recent times, the inflation rate has risen to 7.5%, the highest since 1985, and the citizens of the United States have rationally selected items they buy instead of buying everything as us

Likewise in recent times, the inflation rate has risen to 7.5%, the highest since 1985, and the citizens of the United States have rationally selected items they buy instead of buying everything as usual. Discuss how the higher inflation rate has affected their choices.

Note: 1. Your discussion should not be more than half a page.

2. Copy and paste equal to a zero score.

3. Include at least two references (sources of ideas you include in the discussion). References must be in APA style.