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What is Economic Impact of Inflation and Deflation about?

Inflation is a persistent increase in the average price level in an economy. It is measured by the inflation rate, which is the percentage change in prices from one period to the next. Inflation is caused by increases in the money supply over the long run. Deflation is a persistent decrease in prices, while disinflation is a decline in the inflation rate. Both inflation and deflation create economic problems like uncertainty and redistributing income and wealth. The Consumer Price Index (CPI) and GDP price

Author

Ringle Job

Language

EN