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A time of high unemployment and reduction in general prices

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Answered by Rishi456283
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Answer:

When unemployment is low, more consumers have discretionary income to purchase goods. Demand for goods rises, and when demand rises, prices follow. During periods of high unemployment, customers purchase fewer goods, which puts downward pressure on prices and reduces inflation.

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Answered by sakthi28092004
0

Answer:A time of high unemployment and reduction in general pricespricesprices

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