Business, 02.11.2019 03:31 tishfaco5000

Inflation is problematic if a. it is less than the percentage increase in nominal income. b. it is less than the nominal return on saving. c. it equals the growth rate of real gdp in the long run. d. it distorts relative prices, causing a misallocation of resources.

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Inflation is problematic if a. it is less than the percentage increase in nominal income. b. it is l...