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Vinvika [58]
3 years ago
13

Why is high inflation bad for the country​

Social Studies
1 answer:
vazorg [7]3 years ago
7 0

Answer:

High inflation puts pressure on a government to increase the value of the state pension and unemployment benefits and other welfare payments as the cost of living climbs higher. Inflation expectations and wage demands: High inflation can lead to an increase in pay claims as people look to protect their real incomes.

Explanation:

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