Which of the following aspects of the economy will be increased during inflation?A. ExportB. SavingC. ImportD. Consumption
Question
Solution 1
Inflation is a general increase in prices and fall in the purchasing value of money. Let's analyze each option:
A. Export: Inflation can potentially increase exports. When inflation occurs, the value of the country's currency decreases relative to other countries. This can make the country's export Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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