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Issue:

Science

 

Written by:

Sean B

 

Date added:

February 10, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 512

 

Was viewed:

7938 times

 

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Essay content:

This can occur when the economic conditions are good indicated by high employment numbers, corporate profitability and easy credit. The other cause for inflation could be because of a artificial forced increase in wage and raw materials. Importance of inflation Though popularly referred to and conceived as undesirable, inflation has a positive side as well...
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As the cost of construction (wages and materials used) goes up in an inflationary cycle, a house bought using the money borrowed from bank at an interest rate lower than a inflation rate is a money making opportunity. o Investing in commodities can also be gainful. • Social effect due to rise in salaries and wages...
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