Question

what are the negative effects of high economic inflation to a big family ? ​

Answer 1

Answer:

Increased cost of borrowing:

High inflation may also lead to higher borrowing costs for businesses and people needing loans and mortgages as financial markets seek to protect themselves against rising prices and increase the cost of borrowing on short and longer-term debt.

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Answer 2

Answer:

High inflation may also lead to higher borrowing costs for businesses and people needing loans and mortgages as financial markets seek to protect themselves against rising prices and increase the cost of borrowing on short and longer-term debt.

Explanation:

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