chaelsianne
chaelsianne chaelsianne
  • 03-11-2017
  • History
contestada

What is the difference between inflation and deflation? Why are they BOTH bad for the economy?

Respuesta :

TonyH941
TonyH941 TonyH941
  • 03-11-2017
Inflation is the increase in level of prices in an economy, while deflation is a decrease of the prices.

Inflation has a higher price increase, which means there will be less purchases. Deflation has a lower prices, so the quantity or amount of the item will be out of stock quicker.
Answer Link

Otras preguntas

Organic compounds, such as carbohydrates, lipids, proteins, and nucleic acids, within the human body are often referred to as __________. complex molecules macr
Is the skin on the back of your hand firmly attached to the underlying tissues, or can it be lifted away?
Need a little help on this one
Money Inc., has debt outstanding currently worth $15 billion at an interest rate of 8%. if the firm's tax rate is 30%, what is the wacc?
How to verify that each given function is a solution of the differential equation?
If you are having trouble accessing your online classroom, what should you do first? a. clean your browser's cookies and cache b. check firewall settings c.
Mcgregor published theory x and theory y over 30 years ago. do we still have theory x managers? why?
what is the answer for 14 = m-(-2) ​
The artist canaletto, in his drawing of the ducal palace in venice, created an impression of three dimensions by using line to show the division between _______
How many atoms are in 2.32g Hg