chaelsianne
chaelsianne chaelsianne
  • 03-11-2017
  • History
contestada

What is the difference between inflation and deflation? Why are they BOTH bad for the economy?

Respuesta :

TonyH941
TonyH941 TonyH941
  • 03-11-2017
Inflation is the increase in level of prices in an economy, while deflation is a decrease of the prices.

Inflation has a higher price increase, which means there will be less purchases. Deflation has a lower prices, so the quantity or amount of the item will be out of stock quicker.
Answer Link

Otras preguntas

who was the last czar of russia? nicolas i alexander ii alexander iii nicolas ii
The mass murder of Jews in Russia was carried out by
you shall no longer take things at second or third hand, nor look through the eyes of the dead, nor feed on the spectres in books, you shall not look through my
A friend tells you she is having trouble sleeping and feels really stressed
What 2 groups are currently working to solve this problem? The problem is Driving Under the Influence!
The Big Bang Theory is the one best supported by scientific evidence, according to top scientists. True False
which group of plants contains the least number of species?
what is the equation of the line which includes points (1, 5) and (-2, -7)?
investigate why inquiries and serious case reviews are required and how sharing of findings affects practice
what is greater 1/6 or 2/11