Which economy will be more affected by inflation

Reference no: EM13244601

Economy A has an inflation rate of 6% in 1990. This rate has stayedthe same during the previous five years. Economy B has an inflationrate of 4% in 1990. During the previous five years, inflation hasbeen as high as 10% and as low as 2%, but has rarely been stable.Which economy will be more affected (negatively) by inflation? Whyis this the case?

Reference no: EM13244601

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