Question

What is Inflation and Parallel Economy? Explain How does it affects on growth of Business.

Answer 1

Increasing secondary schooling does reduce inequality by reducing the gap in access to school. However, as predicted by our model, among these older students, those from low-income families benefit less from a year of secondary schooling than do those from higher-income families.

Answer 2

Rising prices, known as inflation, impact the cost of living, the cost of doing business, borrowing money, mortgages, corporate and government bond yields, and every other facet of the economy. ... Consumers have more money to buy goods and services, and the economy benefits and grows.Feb 9, 2019