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  • 01-05-2020
  • Social Studies
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Why do you think it is important for the government to release information on changes in inflation?

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ja06814
ja06814 ja06814
  • 01-05-2020

Answer:

Inflation means there is a sustained increase in the price level. The main causes of inflation are either excess aggregate demand (AD) (economic growth too fast) or cost push factors (supply-side factors). So, the government needs to release information on changes so people know these important factors.

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