Question
Hw Problem: Respond to the goal that is given and help them find things they may have missed. Low inflation can be a goal for
Hw Problem:
Respond to the goal that is given and help them find things they may have missed.
Low inflation can be a goal for the macroeconomy. This is a valuable goal because it hurts people with assets that will not see returns that keep up with inflation, people holding a lot of cash, anyone with a fixed income because their buying power with decrease, lenders, and wage earners if there's a lag in wage growth. Inflation over time can lead to problems when planning the future. For example, when people are trying to retire, inflation over time can cause those people to have to adjust their original plan. Inflation also leads to signal prices that are unclear. Low Inflation is a goal for macroeconomy because of all these negative effects it can have on the economy.
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