In economics inflation is considered as a tax there are, Ask an Expert

Economics

In economics, inflation is considered as a tax. There are also various costs of inflation.

What is the inflation tax, and how might it explain the creation of inflation by a central bank? Explain how inflation affects savings and investment.

Inflation distorts relative prices. What does this mean and why does it impose a cost on the society?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91529390

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