Why is high inflation (5-10%) a bad thing for an economy? Group of answer choices -It increases contracting costs -Higher inflation tends to be associated with more volatility in prices -It often leads to currency depreciation -It is associated with lower economic growth -All of the above
Why is high inflation (5-10%) a bad thing for an economy? Group of answer choices -It increases contracting costs -Higher inflation tends to be associated with more volatility in prices -It often leads to currency depreciation -It is associated with lower economic growth -All of the above
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Why is high inflation (5-10%) a bad thing for an economy?
Group of answer choices
-It increases contracting costs
-Higher inflation tends to be associated with more volatility in
-It often leads to currency
-It is associated with lower
-All of the above
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