Principles of Economics, 7th Edition

Published by South-Western College
ISBN 10: 128516587X
ISBN 13: 978-1-28516-587-5

Chapter 36 - Part XIII - Six Debates over Macroeconomic Policy - Quick Check Multiple Choice - Page 816: 4

Answer

c. It increases the variability of relative prices.

Work Step by Step

Inflation does increase the variability of relative prices, but this is a disadvantage.
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