How does inflation affect the efficiency

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Reference no: EM132180529

Question: 1. If prices rise by 10 per cent, by how much does the value of money fall?

2. How does inflation affect the efficiency with which money fulfils its functions?

3. Are the problems of inflation greater if the rate of inflation is variable?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132180529

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