If there is high inflation, individual households will be hurt but economic disruptions on the national level will not result..

Question

Quizplus · Accepted Answer

High inflation can have negative effects on the national economy such as decreased investor confidence, reduced economic growth, and a decrease in the value of the national currency. It can also lead to challenges for businesses and governments in terms of managing their finances and planning for the future. All of these factors can contribute to economic disruptions on a national level. While individual households may bear the brunt of inflation's effects, it can have broader impacts that affect the country as a whole.

If There Is High Inflation, Individual Households Will Be Hurt