Why is a relatively constant and predictable inflation rate less harmful to an economy than a rate

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Why is a relatively constant and predictable inflation rate less harmful to an economy than a rate that fluctuates unpredictably?

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Economics A Contemporary Introduction

ISBN: 9781305505469

11th Edition

Authors: William A. McEachern

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Question Posted: Oct 07, 2023 11:21 PM

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Why is a relatively constant and predictable inflation rate less harmful to an economy than a rate

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A constant inflation rate means less uncertainty about r...View the full answer

Economics A Contemporary Introduction

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