Asked by Spaghetti
In 1–2 sentences, assess the impact of inflation on economic activity.
REQUIREMENTS:
The answer is very clear.
The answer is fully supported by details.
There may be a few errors in grammar, usage, or mechanics. Errors do not interfere with meaning.
REQUIREMENTS:
The answer is very clear.
The answer is fully supported by details.
There may be a few errors in grammar, usage, or mechanics. Errors do not interfere with meaning.
Answers
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Answered by
GPT 3.5
Inflation can have a negative impact on economic activity as it erodes the purchasing power of consumers and causes uncertainty, leading to decreased spending and investment in the economy.
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