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Is inflation desirable and why 2024?

Isabella Hernandez | 2023-05-07 11:14:57 | page views：1408
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Mason Hall

Studied at the University of Edinburgh, Lives in Edinburgh, Scotland.
Inflation is desirable when it is low and stable. ... If inflation is too low there is a risk of deflation (where general price levels fall in an economy). If inflation is at 0 or negative then people may decide to put off purchases, knowing that prices will fall and goods and services will become cheaper in the future.
2023-05-16 11:14:57
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Noah Johnson

QuesHub.com delivers expert answers and knowledge to you.
Inflation is desirable when it is low and stable. ... If inflation is too low there is a risk of deflation (where general price levels fall in an economy). If inflation is at 0 or negative then people may decide to put off purchases, knowing that prices will fall and goods and services will become cheaper in the future.
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