Answered

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A country is dealing with a serious macroeconomic problem. The value of the
country's currency has dropped rapidly in recent months. Products that used
to sell for $10 now cost over $100 at stores. People who saved money for
years now have very little wealth, as their savings are worth much less than
before.
Which problem is this country dealing with?

a. a rapid growth in GDP
b. a low per capita GDP
c. a high unemployment rate
d. a high level of inflation

Sagot :

manateemusic1o1

A HIGH LEVEL OF INFLATION

arshikhan8123

The country is dealing with a high level of inflation.

What does high inflation cause?

If inflation stays elevated for too long, it can lead to something economists call hyperinflation. This is when expectations that prices will keep rising fuel more inflation, which reduces the real value of every dollar in your pocket.

What does high inflation do to the economy?

As a result, the rate of inflation increases. Inflation is a sustained rise in overall price levels. Moderate inflation is associated with economic growth, while high inflation can signal an overheated economy. If economic growth accelerates very rapidly, demand grows even faster and producers raise prices continually.

Learn more about inflation here https://brainly.com/question/1082634

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