What is inflation? How dose inflationary pressure impact economy? – InterviewSolution

1.	What is inflation? How dose inflationary pressure impact economy?
Answer» ices rise for ENERGY, FOOD, COMMODITIES, and other goods and services, the entire economy is affected. Rising prices, KNOWN as inflation, impact the cost of living, the cost of doing business, borrowing money, mortgages, corporate and government bond YIELDS, and every other facet of the economy.

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