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What is inflation what is recession compare the two?

Updated: 11/22/2022
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AbokDeng1tw8913

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Q: What is inflation what is recession compare the two?
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What is relationship between inflation and recession?

The relationship between inflation and recession is that a recession will cause inflation to go down. The reason for this is due to their being less money being spent due to the recession.


Is inflation going on or recession?

Both inflation and recession are occurring. A special term was coined for that. It is stagflation.


Which economic term describes a period of slow economic growth that also has inflation?

Recession


If there is not enough money in the circulation what happens to businesses?

It is called an inflation or recession.


What economic problems do politicians most commonly face?

Inflation and Recession.


How is inflation and employment levels related?

Inflation causes people to save on everything. This makes commerce to sell less. Selling less causes unemployment. Unemployment and low consumption cause recession. No inflation implies on high consumption which must be controlled as well, but is much better than inflation and recession.


How do you compare inflation rate in India with world inflation rate?

Honestly, you can not compare inflation rate of world with India's. Each country have their own currency and policies hence different rate of inflation. You could find various different inflation rations for different commodities and then compare them with India's overall inflation rates.


What is it called when all of the prices go up during a recession?

Inflation?


Impact of recession?

high interest rates such as the repo rates and high inflation rate


Define Recession depression stagflation inflation?

Recession: Two consecutive quarters of decline in the country's GDPDepression: 4 consecutive quarters of decline in country's GDPInflation: The rate at which the prices of goods and other essential commodities are increasing every year


If the inflation rate is higher than the GDP rate is there a recession?

The US govt. classifies a recession as 2 back to back quarters of negative GDP growth.


When using fiscal policy the government will do just the opposite to control inflation than it does to control?

recession..A+