What does inflation ultimately affect and what does this have to do with the economy as a whole?

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Aedan Porter

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17 October, 14:39

What does inflation ultimately affect and what does this have to do with the economy as a whole?

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Answers (1)

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Roy · Answer 1

When the price rise for the energy, food and the commodities and other goods and the services the entire economy OS affected.

Explanation:

If inflation becomes too high rate the economics can suffer.

If the inflation is controlled and at the reasonableness, the economy may good with lower inflation in the economy, due to this employment is increasing.

The inflation is the quantitative measures that the rate at which the average price level of the goods and services in an economy increases over the period of time.