jleavy2001 jleavy2001

07-09-2017
Business

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why is a high rate of inflation generally considered harmful to an economy

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madisonr1 madisonr1

07-09-2017

Inflation is caused by increases in an economic condition that is caused by an increasing money supply or rapid increases in the cost of production. If a government prints too much currency, prices rise to meet the increasing supply of money.

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