Economics

What Is Good About Inflation?

Inflation is and has been a contentious topic in economics. Even the term “inflation” has diverse connotations depending on the situation. Many economists, businesspeople, and politicians believe that mild inflation is necessary to stimulate consumer spending, presuming that higher levels of expenditure are necessary for economic progress. How Can Inflation Be Good For The Economy? […]

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Who Is Helped And Who Is Hurt By Unanticipated Inflation?

Unexpected inflation hurts lenders since the money they are paid back has less purchasing power than the money they lent out. Unexpected inflation benefits borrowers since the money they repay is worth less than the money they borrowed. Inflation benefits and hurts which political parties? Inflation benefits both lenders and employers. Borrowers will benefit from

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What Is GDP In USA?

A comprehensive gauge of economic activity in the United States. The value of final products and services produced in the United States is measured by GDP (without double counting the intermediate goods and services used up to produce them). GDP changes are the most widely used metric of a country’s overall economic health. What will

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