Cross-country studies that bolster the "zero inflation" view indicate that lower rates of inflation are associated with:

Question

Quizplus · Accepted Answer

Cross-country studies show that lower rates of inflation are associated with higher rates of economic growth. This is because lower inflation leads to greater price stability, which makes it easier for individuals and businesses to plan for the future and make long-term investments. Additionally, lower inflation reduces the cost of borrowing, which can stimulate investment and economic activity.

Cross-Country Studies That Bolster the "Zero Inflation" View Indicate That