which of the following can be detrimental for an economy? low inflation dramatic inflation stable inflation
which of the following can be detrimental for an economy? low inflation dramatic inflation stable inflation
Answer
Brief Explanations:
Low inflation can be a sign of weak demand but isn't as harmful as dramatic inflation. Stable inflation is generally seen as healthy for an economy. Dramatic inflation erodes purchasing - power, causes uncertainty, and disrupts economic activities.
Answer:
B. dramatic inflation