Describe how inflation affects purchasing power. What happens if inflation is too high? What happens if there

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Describe how inflation affects purchasing power. What happens if inflation is too high? What happens if there is no inflation? Why is there a fear of deflation? How has the discussion of inflation gone in current times (e.g., housing market, federal budget deficit, quantitative easing)?
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Essentials of Econometrics

ISBN: 978-0073375847

4th edition

Authors: Damodar Gujarati, Dawn Porter

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