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Sagot :
Low inflation is advantageous since it guarantees that prices for necessities remain consistent. Low inflation helps the economy practically everywhere, including with the GDP, borrowing costs, and cost of basic goods and services.
Adjective us before a noun ECONOMICS. used to define a time when prices are gradually rising: Bonds and banks both benefit from stable economic growth and low inflation. The broad word for an increase in the cost of goods and services throughout an economy in the study of economics is inflation. As the general price level rises, each unit of currency may buy fewer goods and services, inflation is related to a reduction in the purchasing power of money. The opposite of inflation is deflation, which is a persistent rise in the overall level of prices for goods and services. The most common measure of inflation is the annualised percentage change in a general price index.
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