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Difference between deflation and disinflation

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Reference no: EM131190590

Make each question at least one paragraph

1. Why is a high rate of inflation bad for the economy?

2. Right now, our economy is going through what phase of the business cycle? How do you know this?

3. Explain the difference between deflation and disinflation.

4. How would you improve upon the way the Bureau of Labor Statistics computes the unemployment rate?

5. Leo Krause is laid off. How does he make ends meet until he finds another job?

Reference no: EM131190590

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