What is an unanticipated inflation 2024?
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Studied at the University of Cape Town, Lives in Cape Town, South Africa.
Unanticipated inflation occurs when people do not know inflation is going to occur until after the general price level increases. When this happens, many individuals are left unprotected, such as lenders who get paid back with a money that has a reduced purchasing power.
2023-05-12 11:15:16
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Eva Hernandez
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Unanticipated inflation occurs when people do not know inflation is going to occur until after the general price level increases. When this happens, many individuals are left unprotected, such as lenders who get paid back with a money that has a reduced purchasing power.