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What are some of problems or hardships caused by inflation

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Reference no: EM132364682

Question: Imagine that you are in charge of macroeconomic policy. Answer these questions, being sure to explain your answers.

• What are some of the problems, difficulties, or hardships caused by unemployment?

• What are some of the problems, difficulties, or hardships caused by inflation?

• If you had to make a choice today between a policy that would head off increases in inflation or increases in unemployment, which one would you choose?

Reference no: EM132364682

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