radomes.openskiesproject.org
alcut1asedlrja alcut1asedlrja
  • 23-01-2017
  • Social Studies
Answered

2) explain why a stable 5% inflation rate can be preferable to one that averages 4% but varies between 1–7% regularly.

Verified Answer :

scme1702
scme1702 scme1702
  • 31-01-2017

A varying inflation rate will be difficult for people to cope with since the price of goods and incomes will not vary as fast as the inflation rate will. A stable inflation rate will allow for adaptations in the economy.

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