Economy, asked by giri6009, 10 months ago

What is inflation like in a recession?

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Answered by ranyodhmour892

0

Answer:

Inflation is a concept about the value of money. Recession is a concept about the output of an economy. Inflation occurs when money in your pocket is worth less tomorrow than it is today in terms of what it can buy. If it is worth MORE tomorrow than today--that is deflation.

Answered by shrutisharma4567

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