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Price Level Assignment | Homework For You

Author:
December 13th, 2019

Suppose that the price level in Australia is expected to rise by 7% in 2016. (1 mark for each)Homework For You

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Why do some economists claim that we should not worry too much about inflation at this level?

Other economists think that there are significant costs associated with inflation above 2-3%. What are they?

What are the other costs be to consider if the inflation rate unexpectedly turns out to be higher than 7%? Get Economics homework help today

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