But Deflation = price decrease = we can buy things at a lower price. Isn’t that good? Why is deflation bad for economy?
Answer
[default - edit me]
Question
But Deflation = price decrease = we can buy things at a lower price. Isn’t that good? Why is deflation bad for economy?
Answer
?
Question
But Deflation = price decrease = we can buy things at a lower price. Isn’t that good? Why is deflation bad for economy?
Answer
[default - edit me]
If you want to change selection, open document below and click on "Move attachment"
Explained: Monetary Policy, Rep, SLR, CRR, Qualitative Tools BI controls (all) banks and (some) non-banking financial institutions. RBI’s main job is to control Money supply in this game, and thereby fight inflation and deflation. Inflation = price rise = bad for economy, you know that by common sense. <span>But Deflation = price decrease = we can buy things at a lower price. Isn’t that good? Why is deflation bad for economy? Ans. Every business has ‘fixed cost of production’ say minimum light bill, phone bill, office rent, staff salary etc. So, if prices keep falling and falling (say of Nano car), then car m
Summary
status
not learned
measured difficulty
37% [default]
last interval [days]
repetition number in this series
0
memorised on
scheduled repetition
scheduled repetition interval
last repetition or drill
Details
No repetitions
Discussion
Do you want to join discussion? Click here to log in or create user.