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Defining inflation, deflation, and hyperinflation with examples
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Defining inflation, deflation, and hyperinflation with examples
2:56
About this lesson
- Income & Wealth redistribution
- Decreases GDP & Employment
- Diverts Resources from Production
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Video 1 of 3
Defining inflation, deflation, and hyperinflation with examples
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Redistribution of income and wealth during inflation & deflation
12 min
How unanticipated inflation affects firms, GDP, and unemployment
8 min