What is an acceptable rate of inflation for the United States? Defend your position using economic principles.© BrainMass Inc. brainmass.com March 4, 2021, 11:38 pm ad1c9bdddf
What is an acceptable rate of inflation for the United States? Defend your position using economic principles. 17
An acceptable rate of inflation for the US is 3.5 percent per annum. This is a balanced viewpoint based on the current economic condition of the US and on sound economic principles. When the economy is weak, a moderate inflation rate encourages growth. A moderately high rate of inflation helps stimulate businesses. This is important to generate more employment. To move away ...
This answer offers cogent arguments relating to rate of inflation.