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    Inflation and Consumers

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    What is inflation and how does it affect consumers? Is inflation always bad? Describe a situation where inflation is positive.

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    https://brainmass.com/economics/environment/inflation-consumers-345616

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    Dear Student,

    I hope this helps.

    What is inflation and how does it affect consumers? Is inflation always bad? Describe a situation where inflation is positive?

    Inflation is when there is an increase in the level of prices for goods and services in an economy. This is in a particular defined period of time.

    Inflation has a major ...

    Solution Summary

    This is a short answer question and contains 178 words in the solution.

    $2.19