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Monday, 18 February 2013

Unit 2: Costs and Benefits of inflation

Inflation erodes the value of savings, effects international competitiveness, causes uncertainty and decreases purchasing power. Have a look HERE and HERE for more information.

When evaluating the effects of inflation there are always lots of negative consequences to discuss. But are there any benefits to inflation. Have a look HERE for more information. Use it to help you fill in your sheet.



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