Economic growth is usually coupled with (a) Deflation (b) Inflation (c) Stagflation (d) Hyperinflation
Economic growth is usually coupled with
(a) Deflation (b) Inflation (c) Stagflation (d) Hyperinflation
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(b) Inflation and economic growth are parallel lines and can never meet. Inflation reduces the value of money and makes it difficult for the common people. Inflation and economic growth are incompatible because the former affects all sectors as indicated by CPI or Consumer Price Index.
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