Question

What is open and Suppressed Inflation ? plz follow me I will follow u back....promise ​

Answer 1

Answer:

Inflation is often open and suppressed. Inflation is open when “markets for goods or factors of production are allowed to function freely, setting prices of goods and factors without normal interference by the authorities.” Thus open inflation is the result of the uninterrupted operation of the market mechanism.

Answer 2

Inflation is often open and suppressed. Inflation is open when “markets for goods or factors of production are allowed to function freely, setting prices of goods and factors without normal interference by the authorities.” Thus open inflation is the result of the uninterrupted operation of the market mechanism.

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