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Business
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| Number of pages / Number of words: |
3 / 630 |
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In Inflation and Reflation both, the money supply increases.
b. Both result in the upward movement of general price level.
Differences between Inflation and Reflation:
a. Inflation poses a serious problem of rising prices without any increase in output and employment
b. In Reflation, there is a moderate continuous rise in the price level leading to more production and employment...
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In Inflation and Reflation both, the money supply increases.
b. Both result in the upward movement of general price level.
Differences between Inflation and Reflation:
a. Inflation poses a serious problem of rising prices without any increase in output and employment
b. In Reflation, there is a moderate continuous rise in the price level leading to more production and employment...
Essay fragment
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