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Tonyt Tonyt
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2 years ago
Why is inflation a concern for businesses and consumers?

▸ Inflation affects the amount of goods and services you can buy for a given amount of money.

▸ Inflation affects the amount of government intervention in small businesses.

▸ Inflation affects the potential sustained fall in average prices.

▸ Inflation affects the ability for sustained economic contraction.

▸ Inflation affects the amount of goods and services a firm can produce in a production cycle.
Textbook 
Business in Action

Business in Action


Edition: 9th
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janel989janel989
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2 years ago
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Tonyt Author
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2 years ago
Good timing, thanks!
jbag1237
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This site is awesome
byehoe
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2 hours ago
Correct Slight Smile TY
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