What are three effects inflation have on an economy

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asked Jun 1, 2017 58.2k views

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AKFourSeven · Answer 1 · 2017-06-06T12:41:20+0000

1. Hardships for poor people and fixed income salaried households
2. Business Profits tend to go up in times of inflation
3. Demand for pay hikes and wage increases

What are three effects inflation have on an economy

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