Economy, asked by RichardBrown, 1 year ago

positive rate of inflation is good for any economy rather than deflationary tendencies.explain

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Answered by mayasmith
1
moderate inflation is better for any economy rather than deflation cause it helps in expansion of business activities and production of goods and services.in this way it allows the economy to grow.whereas deflation desist the business community to carry out their activities which results in the contraction of economy....
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