Non-economists often say that inflation makes the nation poorer.Why are they incorrect? What are two actual costs of inflation? Explain your answer.

Name: Non-economists often say that inflation makes the nation poorer.Why are they incorrect? What are two actual costs of inflation? Explain your answer.
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The Answer of Non-economists often say that inflation makes the nation poorer.Why are they incorrect? What are two actual costs of inflation? Explain your answer.

Non-Economists Often Say That Inflation Makes the Nation Poorer