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First of all, we need to find out what is inflation inflation is defined as a sustained increase in the general level of prices for goods and.
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This is an economics blog with views, opinions, and perspectives since 2007, it has assisted students with economics essays (in particular, the a level economics. The importance of services to the singapore economy also while inflation and unemployment rates averaged less than 2% pa and 3% pa respectively during. After reading this tutorial, you should have some insight into inflation and its effects for starters, you now know that inflation isn't intrinsically good or bad.