Question
Explain two reasons why high and unpredictable rate of inflation is bad for an economy? Using AS-AD model explain how GDP, price level and unemployment
Explain two reasons why high and unpredictable rate of inflation is bad for an economy?
Using AS-AD model explain how GDP, price level and unemployment change if investors becomeoptimistic about future and increase their investments?
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Business Driven Technology
Authors: Paige Baltzan
5th edition
978-007337684, 9780077419318, 73376841, 77419316, 978-0073376844
