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Inflation means that the value of money decreases, whereas deflation means that the value of money increases. In a period of inflation, the costs of goods and services increases over time. In a period of deflation, the c... More »

www.reference.com World View Social Sciences Economics

Inflation can be a problem when it is unexpected or very high, which can result in economic instability and people being afraid to spend money, which hinders economic growth. Furthermore, inflation can make products and ... More »

www.reference.com World View Social Sciences Economics

According to the International Monetary Fund, inflation is an important economic statistic because it affects the value of money and indicates the overall stability of a country's economy. Inflation is a gradual continuo... More »

www.reference.com World View Social Sciences Economics
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Inflation generally increases when the gross domestic product (GDP) growth rate is above 2.5 percent due to several factors, such as demand for goods overstretching supply and higher wages in an ultra-competitive job mar... More »

www.reference.com World View Social Sciences Economics

Inflation at an acceptable low stable rate is good because it increases economic output and productivity while generating employment opportunities. Inflation at extremely high levels, also known as runaway inflation, is ... More »

www.reference.com World View Social Sciences Economics

Financial institutions and individuals with large amounts of money are the ones least likely to be affected by unanticipated inflation. While their resources may have less buying power, the dynamic nature of money makes ... More »

www.reference.com World View Social Sciences Economics

Inflation affects the value of currency within individual countries as well as in the global economy, and high inflation rates can negatively impact the everyday quality of life for citizens. The rapid pace of India's ec... More »

www.reference.com World View Social Sciences Economics