It is important to increase inflation fast during expansion.

Name: It is important to increase inflation fast during expansion.
Brand: Quizplus
Rating: 4.7 (45 reviews)

Question

Quizplus · Accepted Answer

Increasing inflation too fast during an expansion phase can lead to overheating of the economy, thereby causing higher prices and a decline in economic growth. A moderate increase in prices during the expansion phase is desirable to boost economic growth and keep inflation under control.

It Is Important to Increase Inflation Fast During Expansion