1.

How Inflation Impacts?

Answer»

These are the few impacts of INFLATION:

  • It slow down the ECONOMIC growth rate.
  • Prices goes up, that mean you pay more MONEY for the same product which you got it lesser EARLIER. 
  • The standard of living declines. 
  • You got to save more to pay high expenses tomorrow, so your left with LESS income in hand.

These are the few impacts of Inflation:


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