Inflation and Deflation

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Business
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11th Grade - University
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Hard
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3 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What is hyperinflation and what are its consequences?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
Why is deflation considered a negative phenomenon in economics?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
In what ways can inflation be beneficial for the economy?
Evaluate responses using AI:
OFF
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