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13-03-2022
Business

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what is the impact of inflation on business cycles?

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13-03-2022

Answer:

Inflation is the rise in the price of goods and services in an economy over a certain period. Inflation that is controlled and low generally helps an economy recover from a recession and results in increases in employment

Explanation:

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VISHNUATHITIYA VISHNUATHITIYA

13-03-2022

Higher inflation indicates higher demand and suggests entrepreneurs to expand their production level.

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