Answer:
#1 inflation = expand/increase
#2 inflation = a general increase in money supply which causes advances in price levels
Explanation:
For #2: The government changed the definition of inflation. It used to be general increase in money supply. Now it is general increase in prices. The first definition is valid, but they changed the definition because the government didn't want people to know that they were the cause of inflation.
Let’s say 10 citizens are in a town and 6 of them are tax payers so that means there is some adults or children that don’t pay taxes. So a citizen is someone who lives there but a tax payer is someone who lives there and pays taxes.
